Brazil

Brazil
Minas Gerais Business Guide 2015/2016
CONSELHO EMPRESARIAL DE ASSUNTOS INTERNACIO

Tourists and investors already discovered Belo Horizonte. Excellent infrastructure, highquality services and a
renewed hotel industry. All this right in the center of Brazil´s most developed region. Gastronomy and tourist
attractions made the capital of Minas Gerais the city that captures your heart!
www.visitbh.com.br

Nurturing
International
Trade and
Investments
The Minas Gerais Business Guide 2015/2016 was produced by: ASSOCIAÇÃO
COMERCIAL E EMPRESARIAL DE MINAS - ACMINAS
Conselho Empresarial de Assuntos Internacionais (Commercial and Entrepreneur
Association of Minas Gerais - Foreign Affairs Council) • Av. Afonso Pena • 372
Belo Horizonte • Minas Gerais • Brazil • 30.130-001 • www.acminas.com.br
Lindolfo Paoliello – ACMinas President
Sherban Leonardo Cretoiu – ACMinas Foreign Relations Council
Paula Deschamps Madeira – Organizer / Translation / International Analyst
Leonardo Faria Lima – ACMinas Organizer / Economic Analyst
Stephanie Mota da Silva – Colaborator ACMinas
FAZCOM! – Graphic Design
Leonardo Batista Oliveira – Translation
Gráfica Formato – Printing
Commercial Departament ACMinas: José Carlos Cruz
We are proud to present our Minas Gerais Business Guide, published yearly by AC-
Minas - the Commercial and Entrepreneurial Association of Minas Gerais –-with the
contribution of partner institutions and sponsors since 2010. From the positive feedback
of various international organizations, diplomatic missions and foreign investors
who recognize the important contribution of its contents for several international
missions of entrepreneurs who frequently visit our state we are pleased to launch
our 2015/2016 edition. We hope the Guide continues to assist entrepreneurs and
contribute for the insertion of Minas Gerais as a relevant center of economic and
cultural activities for the world.
In this respect, the Minas Guide also plays the important role of a catalyst for the
project “Internationalize BH”, led by ACMinas, which aims to include Belo Horizonte
(and, by extension, Minas Gerais) in the global scenario. The initiative launched in
2015, is held in partnership with Fundação Dom Cabral, a business school which is
a worldwide reference in training entrepreneurs and executives, and with the Municipality
of Belo Horizonte. The main objective of this project is to stimulate behavioral
and cultural change among the population resulting in benefits such as the increase
of business activities and tourism, and also the improvement of urban infrastructure
and job creation.
This 2015/2016 edition of Minas Guide is even more comprehensive and with data
and articles of great interest. It maintains its original purpose of this initiative of AC-
Minas back in 2010: to offer foreign investors, exporters and importers, sound and
updated information about Minas Gerais and the business environment of our State.
In its pages, the reader will find an overview of the economy, which highlights not
only its diversification, the privileged geographical position of Minas Gerais in relation
to the main markets, the logistics structure but, especially the opportunities the
state offers to productive investment and international trade.
We hope that this guide, organized by the International Relations Council of ACMinas,
continues to be useful for foreign and Brazilian businessmen looking for new
business and partnerships.
LINDOLFO PAOLIELLO
ACMinas President
Sherban Leonardo
Cretoiu
ACMinas Foreign
Relations Council

Portuguese Chamber of Commerce in Brazil..............................................................................68
Investing in Brazil by Manucci Law Firm...................................................................................72
Inhotim Institute: Unique Because It Transforms........................................................................82
Soccer: international and national projection of Minas Gerais
América Futebol Clube...............................................................................................................90
Clube Atlético Mineiro................................................................................................................94
Cruzeiro Esporte Clube...............................................................................................................98
Get to Know Minas....................................................................................................................102
Helpful Facilities For Foreign Investors...................................................................................104
TABLE OF CONTENTS
ACMinas, Where Tradition Meets Long Term Vision to Create The Future....................................6
Government of Minas Gerais.......................................................................................................8
Map: Estimated Population in 2015 - Minas Gerais by Planned Regions....................................10
Belo Horizonte for Investors (Belo Horizonte City Hall).............................................................18
Internationalize BH (ACMinas)...................................................................................................27
Business Environment of Minas Gerais (INDI)..........................................................................28
Minas Gerais Potentialities for Foreign Investment Attraction (INDI).........................................33
Project of Internationalization Takes Minas Gerais to The World (Exportaminas)......................42
The Power of Minas Gerais Agribusiness (FAEMG)....................................................................47
Chambers of Commerce
American Chamber of Commerce.............................................................................................54
Brazil-China Chamber ................................................................................................................56
French Chamber of Commerce..................................................................................................60
India-Brazil Chamber of Commerce..........................................................................................62
Italian-Brazilian Chamber of Commerce...................................................................................66
Romeo and Juliet (Minas cheese + guava candy)

Minas Gerais Business Guide - 2015 | ACMinas
7
ACMinas,
Where
Tradition
Meets Long
Term Vision
to Create The
Future
praça do papa
Belo Horizonte/MG
ACMinas, the Commercial and Entrepreneurial
Association of Minas, was created
in 1901 when the city of Belo Horizonte, the
new planned capital of the state of Minas
Gerais, was only 4 years old. In those days
the entrepreneurs in trade and services,
which were booming since the construction
of the city had started years before, resented
not having their interests represented in
society and in their relations with governmental
authorities. Our institution was created
with this aim and, throughout the years,
ACMinas became the hub where new ideas
to promote the economic development of
our Belo Horizonte and Minas Gerais would
be born and nurtured. Membership is open
and volunteer for companies from various
economic sectors, entrepreneurs and professionals
in liberal arts. Always pursuing
innovation, our activities and political standpoints
represent the vision and strategic
goals of the business community for a better
future in terms of social and economic
development for Minas Gerais.
Ahead of its time, ACMinas was the
cradle of various initiatives to diversify and
promote social development and economic
growth in Minas Gerais and Brazil. Some
milestones include attraction and support
for the investments of Fiat and Açominas
(currently Aperam), the expansion of
Usiminas and of Petrobras’ Gabriel Passos
Refinery; support to major infra-structure
projects such as roads, railways and the
Tancredo Neves International Airport of Belo
Horizonte.
We also played an important role in the
involvement of the community and the debate
of relevant issues in social and political
arenas. “Citizenship Movement” and “Citizen
Vote” were campaigns led by ACMinas
to motivate political and electoral participation
of the people of Minas Gerais. We supported
many philanthropic causes such as
the reform and institutional strengthening of
the Santa Casa de Misericordia Hospital in
Belo Horizonte. Political causes were also
subject to our participation and we highlighted
the active role in protecting Minas
Gerais territory when legislative proposals
to create Triangle of Minas state threatened
to divide our state.
The current administration of ACMinas
leads the institution to enhance its role as a
developmental catalyst for the state under
the vision of “Going Forward, Outward and
to the Future”. Our strategy comprises five
main pillars of Knowledge, Development,
Internationalization, Innovation and Productivity.
These are the paths for our activities
and contribution for the debate in which the
business communities engage with excellence
towards the sustainable development
of Minas Gerais and Brazil.
Ahead of its
time, ACMinas
was the cradle of
various initiatives
to diversify and
promote social
development and
economic growth
in Minas Gerais
and Brazil.

8
Minas Gerais Business Guide - 2015 | ACMinas
Minas Gerais Business Guide - 2015 | ACMinas
9
Copyright: Manoel Marques
Fernando Pimentel:
governor of minas gerais
We hope it
will be the best
place to invest
in Brazil.
Minas
Gerais in
the 21st
Century
The gold mines and precious rocks that gave
the name to our state and fed the Portuguese
Crown in the Brazil colonial are still spinning the
economy of Minas Gerais. The gold became
scarce, but the iron ore that we take from our
lands are still the main engine of the state’ exports,
next to the coffee beans.
It is true that since the 70´s innumerous
governors have been putting effort in trying to
diversify the state´ economy and attract investments.
The coming of the fabric of automobiles
FIAT was a turning point for Minas. Nowadays,
FIAT, its units and its suppliers are responsible
for an important portion of our economy, as
well as the agribusiness and manufacturing
hubs. But now we want more. It´s time to put
definitively Minas Gerais in the 21st century.
And the keywords of the 21st century are innovation,
high technology and research, allied
to total transparency and juridical security for
private enterprises. Those will be the focus of
the new management of the State of Minas
Gerais that assumed the administration in January
- without, evidently, neglects the traditional
sectors that made and still make our wealth.
To advance this goal, we are acting on
several interlinked fronts. We´ve launched, recently,
the Minas Digital, an audacious program
which its goal is to attract around R$1 billion
in public and private investments on technological
companies with a deadline of 10 years.
We are going to qualified 100 thousand young
entrepreneurs in the technological sector, in all
the 17 developments areas that we crate in the
state. Those entrepreneurs will have courses of
graduation, post-graduation and technical on
the technological fields, as well as the necessary
support to create and launch their own
companies in the market.
The Minas Digital represents the democratization
of technology and strengthens of startups,
and we want it to mean, to our economy,
a leap in quality and our passport for the 21st
century. It is important to emphasize – and this
is our other front of action – that the Minas Digital
will keep a constant and frequent dialogue
with the universities of the state, centers of excellence
and knowledge that until today have
been underestimated by the state public power.
Our entering in the 21st century also predicts
other entrance doors. We want to create in
Minas an environment favorable for business,
in a way that our state will be the best place to
invest in Brazil. In order for that to occur, we
are reformulating and consolidating programs
of public and private partnerships, known as
PPPs, and looking over the state tributary legislation,
considered archaic and a real barrier
for the entrance of investments. We are likewise
modernizing our model of environmental
licensing – today, a monument for the bureaucracy,
which in the past years has chased billions
of new enterprises in the state. Without the
enterprises, it also goes away millions of jobs
and income for the habitants of Minas.
An example of how we plan to modernize
the PPPs´ legislation is in the recent launching
of a consulting plan for the concession of 26
thousand kilometers of state roads. We´ve created
a new model, in which the interested company
chooses the fragment of the road they intend
to manage. It´s about a logic inversion: the
government is not the one that decides which
fragments of the roads will be offered for the private
initiative anymore. The companies are the
ones that, from now on, will present to the state
the proposals to manage portions of the roads
which they find attractive. We´ve changed the
logic but the objectives are the same: offer to
the habitants of Minas secure and modern
roads, improving also their quality of life, and
offer for the entrepreneurs an efficient infrastructure,
reducing the so called “Custo Brasil”
(Brazil cost – costs originated by heavy taxes
and lack of infrastructure).
The new government of Minas Gerais is
committed to shape a new Minas Gerais, which
knows how to dialog with the 21st century and
its new actors. Those new actors are multiple
and multifaceted, they have communication
channels and they want to be listen.
The 21st century is also the century of the
social inclusion. We want a Minas Gerais alive,
pulsing, in which everyone has the opportunity
to grow personally and professionally,
bringing the growth of the own state. A small
farmer that´s able to sell its product moves
the economy, heats the market, and generates
jobs. A small entrepreneur that creates its
company, no matter what sector is it on, turn
the wheal of business.
We´ve launched in August a program consistent
with strengthen the creativity economy,
with the support of the Development Company
of Minas Gerais (Codemig). With it, we are planning
on encourage various sectors, such as gastronomy,
audiovisual activities, culture, fashion,
music, design, and handicraft. With it, we will be
giving another step to enter the 21st century with
our heads up and with the door open to those
that believe in Minas Gerais and want to invest
in it. It is with those strategies that we want to
advance socially and economically, increasing
the state´ GDP, currently around R$405 billion.
We want that, when investors and entrepreneurs
look at Minas Gerais, they see a strong,
proud and thriving state, with a rising consumer
market, a modern infrastructure, a simplified
tributary legislation and environmental and
people always solidary, hard-workers and affectionate.
A safe place to live, work, grown,
and endeavor.
We hope it will be the best place to invest
in Brazil.
Fernando Pimentel
Governor of the state of Minas Gerais

Estimated Population in 2015
Minas Gerais by Planned Regions
Planned Regions – Nominal GDP
by sectors
Alto Paranaíba
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Center
Midwest
GDP (US$ million)
1,790.20
1,387.17
3,231.53
564.87
6,973.78
GDP (US$ million)
1,089.74
24,101.80
41,749.05
11,512.28
78,452.86
GDP (US$ million)
923.54
1,680.67
4,503.79
830.72
7,938.72
Jequinhonha / Mucuri
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Mata
Northwest
North
GDP (US$ million)
500.67
477.20
2,221.44
162.19
3,361.51
GDP (US$ million)
1,025.33
2,401.07
8,005.52
1,455.65
12,887.56
GDP (US$ million)
1,096.44
692.52
1,495.99
204.92
3,489.86
GDP (US$ million)
988.67
1,269.33
4,185.88
571.53
7,015.40
% (in region)
25.67
19.89
46.34
8.10
100.00
% (in region)
1.39
30.72
53.22
14.67
100.00
% (in region)
11.63
21.17
56.73
10.46
100.00
% (in region)
14.89
14.20
66.08
4.83
100.00
% (in region)
7.96
18.63
62.12
11.29
100.00
% (in region)
31.42
19.84
42.87
5.87
100.00
% (in region)
14.09
18.09
59.67
8.15
100.00
*Nominal GDP has a two-year lag
Total Population: 20,869.101 (100.00%)
Region's Share of Nominal GDP State
(in%)
Alto Paranaíba 3.63
Center
18.52
Midwest
6.57
Jequitinhonha/Mucuri
7.74
Mata
16.65
Northwest 2.23
North
10.43
Vale do Rio Doce
11.96
South
18.17
Triângulo Mineiro South
4.10
Vale do Rio Doce
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
GDP (US$ million)
584.95
2,558.55
5,478.74
943.37
9,565.62
Population: 1,616,078 (7.74%)
% (in region)
6.12
26.75
57.28
9.86
100.00
Minas Gerais – Nominal GDP
by Sector
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Population:
390,204 (1.87%)
South
Population:
701,104
(3.36%)
GDP (US$ million)
12,880.92
44,061.10
93,078.84
22,018.58
172,039.45
GDP (US$ million)
2,732.03
4,444.46
12,581.32
2,496.05
22,253.85
Population:
1,206,215 (5.78%)
Population:
2,747,907 (13.17%)
% (in region)
12.28
19.97
56.54
11.22
100.00
Population: 1,706,451 (8.18%)
Population:
7,455,994 (35.73%)
Minas Gerais – Nominal GDP
by Sector (in %)
Agricultural Industry Services Taxes
54,10
12,80
Triângulo Mineiro
Sectors
Agricultural
Industry
Services
Taxes
GDP Total
Intl. Airport
Population:
2,296,617
(11.00%)
GDP (US$ million)
2,149.36
5,048.33
9,625.59
3,277.01
20,100.29
Population: 1,043,176
(5.00%)
Population:
1,705,451
(8.17%)
7,49
% (in region)
10.69
25.12
47.89
16.30
100.00
25,61
Area: 558,384 km2
Geography: Mountainous
Capital: Belo Horizonte
Annual Average Temperature: 21°C / 69°F
Highways: 269,545.5 km
Railroads: 5,322 km
Airports: 6
Dry Ports: 5
716 km
Minas Gerais
Estimated Active Companies (2015): 1,615,674
GDP per capita 2012: US$ 10,130.80
Minas Gerais Share in the Brazilian
GDP 2012 (in %): 9.2
Minas Gerais Share of Brazilian Exports
2014 (in %): 13.0
Exports 2014 - goods and services
(in US$ billion FOB): 29.3
Imports 2014 - goods and services
(in US$ billion FOB): 11.0
Trade Surplus 2014
(in US$ billion FOB): 18.3
Inflation Rate 2014
Belo Horizonte Metropolitan
Area (IPCA / in %): 5.8
524 km
Unemployment Rate 2014 (in %)
Belo Horizonte Metropolitan Area: 3.7
Source: IBGE / Fundação João Pinheiro /
Ministry of Development, Industry and
Foreign Trade (MDIC) / Instituto Brasileiro
de Planejamento e Tributação (IBPT) /
ACMinas Economic Department
434 km

Minas Gerais by Planned Regions
Population (2015), Cities, Nominal GDP (2012) and GDP Per Capita (2012)
Descriptive Statistic
Descriptive Statistic – Population 2015
Planned Regions
Alto Paranaíba
Center
Midwest
Jequitinhonha/Mucuri
Mata
Northwest
North
Vale do Rio Doce
South
Triângulo Mineiro
Total
Population
701,104
7,455,994
1,206,215
1,043,176
2,296,617
390,204
1,706,355
1,705,451
2,747,907
1,616,078
20,869,101
% Cities
31
158
56
66
142
19
89
102
155
35
853
3.36
35.73
5.78
5.00
11.00
1.87
8.18
8.17
13.17
7.74
100.00
% GDP(US$ million) % GDP per capita (US$)
6,973.78
78,452.86
7,938.72
3,361.51
12,887.56
3,489.86
7,015.40
9,565.62
22,253.85
20,100.29
172,039.45
4.05
45.60
4.61
1.95
7.49
2.03
4.08
5.56
12.94
11.68
100.00
10,482.80
11,087.74
6,962.40
3,342.03
5,871.43
9,400.40
4,308.61
5,853.61
8,496.84
13,217.61
-
3.63
18.52
6.57
7.74
16.65
2.23
10.43
11.96
18.17
4.10
100.00
¹Population 2015 – forecast.
² Nominal GDP and GDP Per Capita – referring to 2012. Because these data have two-year lag.
Source: IBGE / Fundação João Pinheiro (FJP) / ACMinas Economic Department
Average number of inhabitants per city in Minas Gerais - 24,466;
Lowest Populated City: Serra da Saudade - 818 inhabitants;
Most Populated City: Belo Horizonte - 2,502,557 inhabitants;
25% of cities have up to 4,912 inhabitants;
75% of cities have up to 17,998 inhabitants;
Source: IBGE / ACMinas Economic Department
Minas Gerais – Nominal GDP Evolution
1999 to 2012
(in US$ billion)
Minas Gerais by Planned Regions
Cities Highlights
(Population, Nominal GDP and GDP Per Capita)
164.62
172.04
Planned Regions
Alto Paranaíba
Center
M+P Population (Cities) GDP 2012 (US$ million) GDP 2012 per capita (US$)
Patos de Minas
Belo Horizonte
148,762
2,502,557
1,063.96
24,885.68
7,458.52
10,387.27
120.44 122.38 149.80
Midwest
Jequitinhonha/Mucuri
Mata
Northwest
North
Vale do Rio Doce
South
Triângulo Mineiro
Divinópolis
Teófilo Otôni
Juiz de Fora
Paracatu
Montes Claros
Governador Valadares
Poços de Caldas
Uberlândia
230,848
141,046
555,284
91,027
394,350
278,363
163,677
662,362
1,699.49
631.01
4,296.59
973.56
2,274.40
1,609.91
1,961.65
9,131.91
7,817.20
4,655.25
8,180.42
11,300.36
6,143.45
6,047.96
12,657.96
14,739.92
38.28
42.89
47.46
54.48
63.45
75.60
82.12
91.55
102.87
¹Population 2015 – forecast.
² Nominal GDP and GDP Per Capita – referring to 2012. Because these data have two-year lag.
Source: IBGE / Fundação João Pinheiro (FJP) / ACMinas Economic Department
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
¹Nominal GDP has two-year lag.
Source: Fundação João Pinheiro (FJP) / ACMinas Economic Department

Brazil
Trade Balance – Brazil X Minas Gerais
• 2014
Exports - goods and services (in US$ billion FOB): 225.10;
Imports - goods and services (in US$ billion FOB): 229.06;
Trade Deficit (in US$ billion FOB): -3.96;
• 2015 (until october)
Exports - goods and services (in US$ billion FOB): 160.54;
Imports - goods and services (in US$ billion FOB): 148.30;
Trade Surplus (in US$ billion FOB): 12.24;
Trade Surplus 2015 - forecast (in US$ billion FOB): 14.95;
Minas Gerais
•2014
Exports - goods and services (in US$ billion FOB): 29.32;
Imports - goods and services (in US$ billion FOB): 11.00;
Trade Surplus (in US$ billion FOB): 18.32;
Minas Gerais Share of Brazilian Exports 2014 (in %): 13.03;
• 2015 (until october)
Exports - goods and services (in US$ billion FOB): 18.66;
Imports - goods and services (in US$ billion FOB): 7.50;
Trade Surplus (in US$ billion FOB): 11.16;
Minas Gerais Share of Brazilian Exports 2015 (in %): 11.63;
Rank.
st
1
nd
2
3rd
th
4
5th
6th
7th
8th
9th
10th
Source: Ministry of Development, Industry and Foreign Trade (MDIC)
/ Brazilian Central Bank / ACMinas Economic Department
Minas Gerais – Exports 2014 - By Country
(Top Ten – in US$ FOB)
Country
China
United States
Japan
Netherlands
Argentina
Germany
United Kingdom
Italy
Oman
Belgium
Value %
8,824,094,793
30.10%
2,524,891,433
8.61%
1,927,922,557
6.58%
1,620,896,120
5.53%
1,493,474,982
5.09%
1,341,222,082
4.57%
943,924,277
3.22%
807,113,273
2.75%
640,007,952
2.18%
518,311,627
1.77%
Minas Gerais Exports (total): US$ 29,320,645,006.
Source: Ministry of Development, Industry and Foreign Trade (MDIC)
/ ACMinas Economic Department
Rank.
st
1
2
3
4
5
6
7
8
9
10
Rank.
st
1
2
3
4
5
6
7
8
9
nd
rd
th
th
th
th
th
th
th
nd
rd
th
th
th
th
th
th
10
th
Minas Gerais – Imports 2014 - By Country
(Top Ten – in US$ FOB)
Country
Value %
United States
Argentina
China
Italy
Germany
Russia
Mexico
Canada
France
Japan
1,730,502,204
1,726,513,579
1,717,874,981
985,897,527
677,682,591
366,360,206
337,435,733
276,827,384
257,480,8222
52,229,157
15.73%
15.69%
15.61%
8.96%
6.16%
3.33%
3.07%
2.52%
2.34%
2.29%
Minas Gerais Imports (total): 11,001,867,161 .
Source: Ministry of Development, Industry and Foreign Trade (MDIC)
/ ACMinas Economic Department
Minas Gerais
Main Products Exported 2014
(Top Ten – in US$ FOB)
Main Products
Value %
Iron Ore
Coffee (beans)
Ferroniobium
Cane Sugar
Gold (in bars and wire)
Soy
Chemical Wood Pulp
Gold Bouillon (Metal)
Cast Iron Unalloye
Other Tubes and Alloy Steel
11.760.255.598
4.111.866.089
1.557.668.912
861.289.417
761.345.476
720.853.283
569.409.743
532.922.925
394.442.038
356.416.077
40.11%
14.02%
5.31%
2.94%
2.60%
2.46%
1.94%
1.82%
1.35%
1.22%
Minas Gerais Exports (total): US$ 29,320,645,006.
Source: Ministry of Development, Industry and Foreign Trade (MDIC)
/ ACMinas Economic Department

Minas Gerais – Exports 2014
Main Exporting Companies
Minas Gerais – Imports 2014
Main Importing Companies
Rank.
st
1
2
3
4
5
6
7
8
9
nd
rd
th
th
th
th
th
th
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
th
th
th
th
th
th
th
th
th
th
th
st
nd
rd
th
th
th
th
th
th
th
st
nd
rd
th
th
th
th
th
th
th
Companies
Vale S/A
Companhia Brasileira de Metalurgia e Mineração
Companhia Siderúrgica Nacional
Fiat Automóveis Ltda
Kinross Brasil Mineração S/A
Nacional Minérios S/A
Celulose Nipo Brasileira S/A Cenibra
Cooperativa Regional de Cafeicultores em Guaxupé
Gerdau Açominas S/A
Vallourec & Sumitomo Tubos do Brasil Ltda
Anglogold Ashanti Córrego do Sítio Mineração
JBS S/A
Novo Nordisk Produção Farmacêutica Do Brasil
Terra Forte Exportação e Importação De Café
Louis Dreyfus Commodities Brasil S/A
BRF S/A
Stockler Comercial e Exportadora Ltda
S/A Usina Coruripe Açúcar e Álcool
Eisa - Empresa Interagricola S/A
ADM do Brasil Ltda
Usinas Siderúrgicas de Minas Gerais S/A Usiminas
Vallourec Tubos do Brasil S/A
Unicafé Companhia de Comercio Exterior
Usina Delta S/A
Exportadora de Café Guaxupé Ltda
Magnesita Refratários S/A
Gardingo Trade Importação e Exportação Ltda
Atlântica Exportação e Importação Ltda
Acesita S/A
Arcelormittal Brasil S/A
Mataboi Alimentos S/A
Café Três Corações S/A
Seara Alimentos Ltda
Rima Industrial S/A
Bunge Alimentos S/A
Mineração Curimbaba Ltda
Iveco Latin America Ltda
Noble Brasil S/A
Tristão Companhia de Comércio Exterior
Dow Corning Silício do Brasil Indústria e Comércio
Total
Value (US$ FOB) %
9,752,530,732
33.26
1,718,468,010
5.86
1,388,816,457
4.74
855,958,328
2.92
643,082,092
2.19
607,472,460
2.07
569,411,020
1.94
557,830,495
1.90
540,653,026
1.84
528,554,328
1.80
475,185,449
1.62
434,451,094
1.48
433,931,646
1.48
387,470,861
1.32
364,802,467
1.24
307,989,922
1.05
285,109,479
0.97
244,842,683
0.84
237,201,854
0.81
225,988,773
0.77
211,673,357
0.72
206,341,411
0.70
205,866,839
0.70
200,123,400
0.68
184,693,099
0.63
184,477,600
0.63
181,279,746
0.62
164,998,152
0.56
153,601,770
0.52
151,862,721
0.52
147,435,725
0.50
144,324,347
0.49
132,327,338
0.45
127,283,556
0.43
117,968,499
0.40
117,953,930
0.40
114,744,018
0.39
110,613,366
0.38
101,791,093
0.35
93,014,880
0.32
29,320,647,020
100.00
Rank.
1
2
3
4
5
6
7
8
9
st
nd
rd
th
th
th
th
th
th
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
th
th
th
th
th
th
th
th
th
th
th
st
nd
rd
th
th
th
th
th
th
th
st
nd
rd
th
th
th
th
th
th
th
Companies
Fiat Automóveis Ltda
Mercedes-Benz do Brasil Ltda
Iveco Latin América Ltda
Usinas Siderúrgicas de Minas Gerais S/A. Usiminas
Gerdau Açominas S/A
FMC Química do Brasil Ltda
Fertilizantes Heringer S/A
Yara Brasil Fertilizantes S/A
Vale S/A
Vale Fertilizantes S/A
Unilever Brasil Industrial Ltda
CNH Industrial Latin America Ltda
Cisa Trading S/A
Arcelormittal Brasil S/A
Ferrero do Brasil Indústria Doceira e Alimentar
Votorantim Metais Zinco S/A
VRG Linhas Aéreas S/A
Novo Nordisk Produção Farmacêutica do Brasil Ltda
Multilaser Industrial S/A
Jabil do Brasil Indústria Eletroeletrônica Ltda
Fundação Ezequiel Dias
Philips do Brasil Ltda
Samarco Mineração S/A
Helicópteros do Brasil S/A
Mosaic Fertilizantes do Brasil Ltda
Black & Decker do Brasil Ltda
Alcoa Alumínio S/A
GE Transportes Ferroviários S/A
Vallourec & Sumitomo Tubos do Brasil Ltda
Anglo Ferrous Minas-Rio Mineração S/A
Ouro Fino Química Ltda
Fertipar Sudeste Adubos e Corretivos Agrícolas
GE Healthcare do Brasil Comércio e Serviços
Sipcam Nichino Brasil S/A
Unifi do Brasil Ltda
Kinross Brasil Mineração S/A
Philips Medical Systems Ltda
Fertigran Fertilizantes Vale do Rio Grande Ltda
DL Comércio e Indústria de Produtos Eletrônicos
Rima Industrial S/A
Total
Value (US$ FOB) %
1,173,261,023
10.66
502,531,709
4.57
486,705,064
4.42
372,769,716
3.39
366,931,773
3.34
337,765,309
3.07
310,459,113
2.82
224,654,595
2.04
212,071,087
1.93
197,531,115
1.80
191,426,731
1.74
191,181,285
1.74
185,423,543
1.69
163,217,734
1.48
153,544,107
1.40
144,719,058
1.32
144,116,760
1.31
140,658,088
1.28
118,039,479
1.07
117,956,307
1.07
108,242,683
0.98
106,617,661
0.97
104,957,562
0.95
96,378,166
0.88
91,258,432
0.83
89,223,332
0.81
88,062,621
0.80
87,435,224
0.79
78,867,416
0.72
76,937,801
0.70
68,783,761
0.63
67,702,461
0.62
64,291,122
0.58
63,730,317
0.58
63,482,227
0.58
61,112,383
0.56
59,965,230
0.55
58,390,061
0.53
55,483,612
0.50
54,231,865
0.49
11,001,869,175
100.00
Source: Ministry of Development, Industry and Foreign Trade (MDIC) / ACMinas Economic Department
Source: Ministry of Development, Industry and Foreign Trade (MDIC) / ACMinas Economic Department

Copyright: Pedro Morais
Belo
Horizonte
for
Investors
The 117 years
old city offers
an interesting
platform and many
opportunities in
the sectors of
business tourism,
health services,
biotechnology and
IT. Also in the already
traditional sectors
of the Creative
Economy such as
fashion, design,
architecture and
gastronomy.
By Belo Horizonte City Hall
casa do baile
lagoa da pampulha – Belo Horizonte/MG

20
Minas Gerais Business Guide - 2015 | ACMinas
Belo Horizonte &
Metropolitan Region
Area:
330,2 km2
Belo Horizonte, city with approximately 2.5
million habitants, 5th biggest GDP among the
Brazilian´ capitals (IBGE 2011), was, during
the year of 2014, one of the hosts of FIFA´s
World Cup and it had the highest level of international
exposition of its history. In 2015
and 2016, it will be the training base of the
Olympics and Paralympics UK delegations.
The Pampulha Modern Architectural Set,
located in the city since 1943, will compete
as the only Brazilian candidate for the title
of World Heritage conceded by the United
Nations Educational, Scientific and Cultural
Organization (UNESCO). The city has lived a
moment of transition that qualifies it to actually
appreciate all the international visibility.
With a strategic location in Brazil, BH has
attracted increasingly attention of entrepreneurs
that desire to invest in the city. The reasons
for that choice are diverse. It goes from
the economic and social vies until the public
management model embraced. The current
management of the Belo Horizonte City Hall
started an administration towards efficiency
and modernity, developing a strategic planning
for the city that we want in the future. To
reach this vision of the future, which is transforming
Belo Horizonte in a city of opportunities,
sustainable and with quality of life, the
City Hall works permanently to integrate the
urban and social politics, combining economic
prosperity, population´s well-being
and environmental responsibility.
Planning up to be a city of opportunities in
2030, the capital of Minas Gerais has created
an environment propitious to innovation and
development of companies, taking advantage
of their economic potential. The 117 years old
city offers an interesting platform and many
opportunities in the sectors of business tourism,
health services, biotechnology and IT.
Also in the already traditional sectors of the
Creative Economy such as fashion, design,
architecture and gastronomy.
Annual temperature (average):
21°C / 70°F
Population (2015):
2.50 million
Estimated Population BHMA (2015):
5.24 million
Estimated Active Companies (2015):
298.568
Distance by road:
Brasília – 740 Km
Rio de Janeiro – 435 Km
São Paulo – 586 Km
Vitória – 540 Km
Distance by Railroads:
Rio de Janeiro – 561 km
São Paulo – 845 km
Vitória – 705 km
Copyright: Marcílio Gazinelli
Nominal GDP (2012):
US$ 24.89 billion
GDP per capita (2012):
US$ 10,387.27
Nominal GDP BHMA (2012):
US$ 57.84 billion
Unemployment Rate BHMA (2014)
Anual Mean:
3.7%
Economically active population
BHMA (2014):
2.61 million
Contacts:
Municipal Assistant Secretary of
Internacional Relations
Av. Álvares Cabral • 200 • 11º
Floor • Centro
Zip-Code: 30170-000
Belo Horizonte/MG
Tel.: +55 31 3246-0027 / 3246-0031
Fax: +55 31 3246-0033
Web: www.pbh.gov.br/internacional
Twitter: @internacionalbh
igreja São francisco de assis
lagoa da pampulha – Belo Horizonte/MG

Minas Gerais Business Guide - 2015 | ACMinas
23
Copyright: Fábio Ortolan
BRT Move
Belo Horizonte/MG
Copyright: Diego Pontes
Global
Competitiveness
By Belo Horizonte City Hall
Improvements in urban
With the rising of attractiveness and enhancement
of quality of life of the habitants, the
city has grown fast. One of the greatest challenges
of the City Hall is manage this growth,
ensuring quality of life for each regions of the
city and also for the future generations.
In the past few years, the City Hall has invested
a lot in improving the urban infrastruc-
infrastructure
ture. Among the several projects are the duplication
of the main roads in the city, the implantation
of BRT (Bus Rapid Transport) and the expansion
of cycle paths. The City Hall has also proposed the
plan of urban requalification, with will promote the
orderly and sustainable growth of BH, allowing
modernity to coexist with public spaces, preserving
the important green areas for the county.
According to a research done by IBGE, released
in the year of 2012, Belo Horizonte was
considered the city with a population above 1
million habitants with the best urban infrastructure
in Brazil. Based on the data of the 2010
census, the research considered indicators
such as urban cleanliness, public illumination,
sanitation and water supply, among others.
In a recent study by the Ministry of tourism,
Sebrae and FGV, BH was above national
average in 6 requisites measure in the Competitiveness
Index: entrepreneur ability, local
economy, marketing and promotion of the
destination, general infrastructure, access
and services, and touristic equipment’s.
According with an study pointed by the
magazine “Exame” (April, 2014), the main
characteristics the cities need to have to be
competitive in the global scenery it is the
presence of universities capable of forming
specialized labor and researches of excellence.
BH has been a highlight when it comes
to those features. With labor more and more
specialized, BH has a wide net of executive
education, with institutions of great national
recognition, such as Getulio Vargas Foundation
(FGV), IBMEC and Dom Cabral Foundation.
Considered the second best university in
the country, the Minas Gerais Federal University
(UFMG) graduates around 1,260 masters
and 500 doctoral students each year.
Moreover, the city has an excellent Human
Development Index score, which is also
a relevant item in the entrepreneurs´ choice.
Nowadays this index is 0.810 (25% above
national average), with a comparable score
as Japan´s, which HDI is 0.884.

Copyright: Ronaldo Almeida
barragem santa lúcia
Belo Horizonte/MG
MINAS GERAIS.
AN ENTIRE WORLD
OF OPPORTUNITIES
FOR YOUR BUSINESS.
In Minas Gerais, you have so many reasons
MINAS GERAIS.
UN MUNDO
DE OPORTUNIDADES
PARA SU NEGOCIO.
En Minas Gerais, lo que no falta son buenos
to invest on what you want. The Government
motivos para invertir. El Gobierno mantiene
maintains a solid support system for
un sólido sistema de soporte a inversores,
investors, making the State more competitive
haciendo que el Estado sea cada vez más
and safe for your Company. Moreover,
competitivo y seguro para su empresa.
Minas Gerais offers a suitable business
Además, Minas ofrece un ambiente de
environment to your needs, whether in the
negocios adecuado a sus necesidades, sea
GOAL
BELO!
Program of Investments
Attraction and Commercial
Promotion of Belo Horizonte
public sector or the private sector.
Strategic position in the Southeast Region,
the biggest producer and consumer market
of the country.
The 2 nd most industrialized State in Brazil
Tradition of seriousness and commitment to
comply with all sectors.
tanto en el sector público como el privado.
Posición estratégica en la región sureste,
el mercado productor y consumidor más
grande del país.
2º Estado más industrializado de Brasil
Tradición de seriedad y cumplimiento de los
compromisos en todos los sectores.
By Belo Horizonte City Hall
National reference in Institutions of Science
and Technology (ICTs)
Referencia nacional en Instituciones
de Ciencia y Tecnología (ICTs)
Strong performance in the creative economy
Fuerte actuación en la economía
and regional development.
creativa y en el desarrollo regional.
Contact | Contacto:
State Secretary for Economic Development of Minas Gerais
Secretaría de Estado de Desarrollo Económico de Minas Gerais
Proposed by the Municipal Secretary of
Development through the Municipal Assistant
Secretary of International Relations,
the Program Goal Belo! Is the program of
investments attraction, commercial promotion
and international projection of the City
Hall of Belo Horizonte.
The proposal of Goal Belo! is to benefit
from the times that the city is in evidence due
to the realization of great events (e.g.: World
Cup), shows, conferences and fairs, to bring
executives, journalists and influencers of
sectors in which the city has great vocation
to introduce Belo Horizonte as an attractive
destiny for business and to promote the city
internationally. The guests participate of an
agenda composed by institutional, social and
business moments, having the opportunity
to experience Belo Horizonte from different
perspectives.
The Goal Belo! 2014 was executed during
the World Cup and it had as its center the
sectors of IT, ecosystem of startups and biotechnology,
involving in total around 40 international
companies, represented by 15 countries
and with more than R$75,000,000.00
generated business.
The proposal of
Goal Belo! is to benefit
from the times that the
city is in evidence due
to the realization of great
events (e.g.: World Cup),
shows, conferences and
fairs, to bring executives,
journalists and influencers
of sectors in which
the city has great
vocation...
www.desenvolvimento.mg.gov.br

to the
world
BH is B of Belo and H of Horizonte.
And B of Berlim and H of Helsinki.
B of Bristol and H of Hiroshima
B of Braga and H of Havana.
A new project to enhance our city and
promote trade in gastronomy, culture,
tourism, events, business and research.
BH to the world. The world in BH .
BH
BH
Access: www.acminas.com.br
BH
Minas Gerais Business Guide - 2015 | ACMinas
Internationalize BH:
We are The World and We Welcome
The World Here!
There is a global and irreversible trend
of cities internationalization which provides
to the ones best fit significant gains - and
brings economic and social development -
associated to better life quality
standards for its inhabitants.
Internationalization has
also been one of the strategic
goals of ACMinas Board
of Directors, following other
importante subjects like
knowledge, development, innovation
and productivity.
The project “Internationaliza
BH” developed by
ACMinas in partnership with
the Municipal Government of
Belo Horizonte and Fundação
Dom Cabral(FDC), aims to
raise local people and businessmen
awareness of the
internationalization process.
The process involves an
understanding of the benefits resulting from
a growing international insertion of the city
- and, by extension, of the state of Minas
Copyright: Breno Pataro
BH
BH
BH
estádio mineirão
Belo Horizonte/MG
Gerais - that already relies upon History,
People and International Organizations.
The project is based on the belief that
the effective awareness from over 20 Million
people from Minas Gerais will generate
a different perception and behavior based
on international practices, deeply harmonized
with local values.
This perception will be consolidated by
the implementation of an interesting program
of diversified activities, among them
thematic business festivals
built iwith the support of all
the different international communities
present in the City of
Belo Horizonte. It is expected
that the taylor made events to
conect people will contribute
to develop significant relationships
and allow the generation
of new business and opportunities.
The project “Internationaliza
BH” has a significant
network of sponsoring institutions
and support to its various
actions, and this is the reason
why we expect nothing less
than reaching important results.
Hopefully, these results
will be reference to other cities
all over Minas Gerais and also Brazil.
Get to know it and engage yourself.
contacts
BH
www.acminas.com.br/internacionalizabh
internacionalizabh@acminas.com.br
27

Human Capital
The state of Minas Gerais is the second
most populated of Brazil, concentrating
around 10% of the country´s population in
its territory. It´s a state with a high Human
Development Report score (0,731) and
with indicators above the national average.
Focused on qualified education, Minas
Gerais is the Brazilian state with the highest
number of public universities, 14 in total. Of
those, 12 are federal ones and 2 are state
ones. Four of them rank within the top 10
universities in the country. Two state universities
and more than 350 private institutions
of superior education compose the board of
educational institutions of Minas Gerais.
Among the education institutions present
in the state, the Federal University of
Minas Gerais (UFMG), the Federal University
of Lavras (UFLA), the Federal University
of the Triângulo Mineiro (UFTM), the Federal
University of Viçosa (UFV), the Federal University
of Itajubá (UNIFEI) and the Pontific
Catholic University of Minas Gerais (PUC-
MG) stand out.
According to the results of ENEM (National
Exam of High School – it has the
same principle of the SATs) 7 schools of
Minas Gerais within the rank of the 20 best
schools in Brazil in 2013.
Business
Environment
of Minas
Gerais
By Minas Gerais State Investment
Promotion Agency (Indi)

UFMG Campus
Belo Horizonte/MG
Minas Gerais Business Guide - 2015 | ACMinas
31
Copyright: Foca Lisboa
Announced Foreign Investment 2014
Announced Foreign Investment 2014 – by months
R&D and
Innovation
Month
Investment
(US$ million)
January 106.40 13.88
February 54.99 7.17
March 13.00 1.70
April 35.10 4.58
May 200.00 26.09
August 5.20 0.68
October 12.90 1.68
November 263.93 34.43
December 75.11 9.80
Total 766.63 100.00
%
Currently, the Brazilian scientific production
is 8 times bigger than it was 25 years
ago. Brazil ranks 15th in the list of countries
wich publish scientific articles, being responsible
for around 2% of the world´s intelection
production. The UFMG (Federal University of
Minas Gerais State) is the third biggest patent
holder among the Brazilian universities, according
to the National Institute of Intellectual
Property (Inpi).
Minas Gerais counts with planned infrastructure
to attract investments in sectors of
the New Economy. The state has been putting
in some hard work to implant the first “aerotrópole”
(a city that has its focus in the airport
and the building of an infrastructure around –
industries, commerce, hospitals, educational
centers, etc.) of South America, and the first
state to constitute an industrial airport operating
under a taxes suspension regime. Inside
the state there are important technological
hubs that, acting in synergy, make it easier
the development of technical innovations and
processes. It´s also worth saying that Minas
Gerais is the biggest Brazilian hub in biotechnology
and life sciences, being a national reference
in education and research in biological
science, and a worldwide reference in zebu´s
cattle genetics. Minas Gerais also stands out
nationally in the IT area, as well as in alternative
energy sources and electronics.
In Minas Gerais one can find important
research centers of excellence, also there
is a specific legislation to financing technological
innovation, such as the Minas Gerais
Law of Innovation (Lei Mineira de Inovação).
In 2008 this law was endorsed, and it allows
researchers who work in science and technology
institutions of the state to work with
other companies in the search of innovative
technological solutions.
Brazil ranks
15th in the list of
countries wich
publish scientific
articles, being
responsible for
around 2% of
the world´s
intelection
production.
106.40
Source: INDI / ACMinas Economic Department
Announced Foreign Investment 2014 – by months
(US$ million)
263.93
200.00
54.99
35.10
13.00
5.20
12.90
Source: INDI / ACMinas Economic Department
75.11

32
Minas Gerais Business Guide - 2015 | ACMinas
Announced Foreign Investment 2014
Announced Foreign Investment 2014 – by Sectors
RANK. Sector Investment (US$ million) %
1º Industrial Machinery, Equipment & Tools 248.1 32.36
2º Alternative / Renewable Energy 244.5 31.89
3º Transportation 106.4 13.88
4º Food & Tobacco 86.61 11.30
5º Automotive Components 54.99 7.17
6º Metals 19.43 2.53
7º Plastics 5.2 0.68
8º Business Services 1.4 0.18
- Total 766.63 100.00
Source: INDI / ACMinas Economic Department
Minas Gerais
Potentialities
for Foreign
Investment
Attraction
By Minas Gerais State Investment
Promotion Agency (Indi)
Announced Foreign Investment 2014 – by Sectors
(in %)
13.88
11.30
Industrial Machinery, Equipment &
0.68
0.18 Tools
2.53
Alternative / Renewable Energy
7.17
32.36
Transportation
Food & Tobacco
Automotive Components
31.89
Metals
Plastics
Business Services
Source: INDI / ACMinas Economic Department
Minas Gerais is a state of great dimensions,
considering it has a territorial extension similar
or greater than a lot of important countries,
such as France and Spain. As a result of
that, the state has distinguishing features in
demography, social, economic and climatic
terms within its different regions, being considered
a synthesis of the Brazilian territory.
In economic terms, the state administration
works in the sense of taking advantage
of wealth and diverse culture, and it uses its
qualified labor to enhance the international
competitiveness of the state´s companies,
increase the state´s international visibility,
strength the traditional productive chains and
develop new economic segments, which the
main input is the knowledge.
Traditionally, mining has a significant
participation in the state´s economy. But, despite
its importance, the search for economic
diversification and the consolidation of other
segments is fundamental for the development
of Minas. In this perspective, Minas Gerais introduces
itself as a considerable alternative
for the various productive sectors, since it
is the 3 rd country´s economy, it has a market
with more than 20 million people and it
is centrally located in Brazil, what favors the
installation of distribution centers to other regions
of the country. Its location stands out by
representing a link between the Southeast, the
Northeast and the Midwest of Brazil.
The agribusiness is one of the most relevant
productive chains in Minas Gerais,
being a great producer of grains – coffee,
corn, beans – milk, fruits, among others.
Some of the companies in the food industry
and agribusiness currently in Minas Gerais
are Danone, Barry Callebaut, Ferrero of Brazil,
Pepsico, Ambev, Coca-Cola, Pif Paf, BR
Foods, Monsanto and Cargill. Those significant
operations contribute for the state´s
agribusiness GDP to represent around 13% of
the total of the national agribusiness. The rise
in international demand for foods promotes
the development of this sector in Minas,
which, despite of being already consolidated,
it presents opportunities of productive gains
and growth market, such as generation of
bioenergy.
The relevant institutional support existent
in the state´s agribusiness segment also
deserves a highlight, coming from the great
expertise of education and research institutions,
such as Instituto de Laticínios Cândido
Tostes (ILCT), Embrapa Gado de Leite,
Embrapa Milho e Sorgo, UFV, UFMG, UFLA,

34
Minas Gerais Business Guide - 2015 | ACMinas
Minas Gerais Business Guide - 2015 | ACMinas
35
The
aerospace
segment finds
itself in the
process of
consolidation in
Minas Gerais.
Minas Gerais has been consolidating itself
as one of the main Brazilian hubs of life sciences.
In this perspective, it stands out the hub
of excellence in bovine genetics – zebu specially
– in the region of Triangulo, with several
companies in the field of animal health, like Geneal,
Miltigen and Progenie, among others. The
Central region is also a hub with great potential
for consolidation of this chain, because it already
counts with a significant presence of companies
in this segment, such as GE Healthcare, Philips
VMI, St. Jude Medical, Inova Biotecnologia and
Linhagen. Companies of this sector are also
present in other regions, like Vallée and Novo
Nordisk in the North of Minas, ACG Worldwide
in the South, and BD in the region of Mata. The
state also counts with the activities of Fundação
Ezequiel Dias (Funed), linked to the State Department
of Health of Minas Gerais (SES/MG),
for the promotion and protection of the state´s
public health. In this way, there is space for
entrepreneurs in the segments of human and
animal health and of medical equipment aimed
at the consolidation of this chain in the state,
both in providing services and various productive
activities.
Another segment with great attraction of
investments and in expansion process in Minas
is the one in renewable energy, especially in
photovoltaic, biomass and wind power. In this
regard, it is relevant the potential of installation
of photovoltaic solar plants in the territories
of North, Metropolitan, North triangle, South
triangle, West and Northwest, because of the
high incidence of solar radiation which they are
submitted. This characteristic was researched
by the Atlas Solametric of the state – result of a
research and development program of ANEEL
and Cemig – which detected high levels of solar
radiation on those regions. It reinforces the demand
for photovoltaic solar energy the realization
of energy reserve auctions by the federal
government that hired, in the first auction of
2015, the capacity of more than 1,000 megawatts-pick
(MWp) of this source of energy.
Moreover, there are great planted forest reserves
in Minas that are underutilized, which represents
a potential to be used to generate biomass.
UFJF, among others. The increase of
services of rural extension and technical assistance,
especially the performance of those
institutions tend to collaborate to raise the
average productivity of the agribusiness in
several regions, what will contribute to generate
opportunities for agribusiness enterprises.
Other sectors considered priority for the productive
and technological development of the
State are: aerospace, sciences of life, renewable
energy, ITC/electronic and smart grids,
other than and also competitiveness improvements
of traditional sectors such as mechanical
engineering and automotive.
The aerospace segment finds itself in the
process of consolidation in Minas Gerais,
mainly through, the performance of companies
such as Helibras, Embrae, IAS, Gol and
Lider Aviação, among other suppliers and
service providers. It is also installed in Minas
aircrafts maintenance centers for civil aviation
(Gol and Azul/Trip) and military aviation (Aeronautical
Park of Lagoa Santa), besides of the
Instruction and Aeronautic Adaptation Center
(CIAAR). The expansion of the Tancredo
Neves International Airport (AITN) in Confins
– fifth biggest in the country considering numbers of passengers – and in its
surroundings will also contribute for the investments attraction for those sectors.
This happens because the expansion of this airport combined with the
development of the called “Vetor Norte” (North Vector) of the Metropolitan
Region of Belo Horizonte (RMBH) favors the business environment over better
access conditions to the region.

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Minas Gerais Business Guide - 2015 | ACMinas
Minas Gerais Business Guide - 2015 | ACMinas
37
The state also aims to strengthen the
sector of Communication and information
technology (ITC) notably already represented
by Google, SAP, Microsoft, Infosys, Unisys,
Algar, Ativas, among others that find themselves
stablished in the state. The presence
of those companies and various others, combined
with the performance of universities,
especially UFMG, and other research and
education centers – such as the Microsoft
Innovation Center BH and the Instituto Nacional
de Telecomunicações (National Institute
of Telecommunications – INATEL) certainly
support the development of this value chain
in Minas Gerais. The electronics chain – related
directly with IT, because it uses new information
technology each time – has grown
in the state, especially in the south, where it
is located the productive hub of electronics in
Minas Gerais. However, there is still potential
for densification of the chain and improvements
of the productive efficiency, not only
on the mentioned region.
Another sector that the state dedicates
efforts to attract investments is the Creative
Economy one. Based on the strategic guidelines
and innovative public politics of the
state´s government, the Companhia de Desenvolvimento
Econômico de Minas Gerais
(Codemig – Economic Development Company
of Minas Gerais) launched, on August
2015, the Codemig Program of Incentive for
the Creative Industry, an unprecedented action
that can help to foment the development of
new business that can generate employment,
profits and wealth for Minas Gerais. Until the
end of 2018, it will be invested more than R$
20 million in initiatives of various segments,
such as gastronomy, audiovisual, design,
fashion, music and new medias. The program
has identified strategic areas inside the wide
range within the Creative Economy and it has
already launched 2 calls in august: incentive
to audiovisual and incentive to gastronomy.
Those initiatives include others that are already
in progress. In 2014, for example, the
Minas Gerais´ Gastronomic Front was created,
which aims to develop and promote the
state´s cuisine in several areas. This action
counts with the support of numerous institutions
like Fecomércio, Belotur, CDL/BH, State
Department of Tourism, State Department of
Culture and other public and private agencies.
Still in this context, a correlated activity
that also deserves a highlight for its great potential
of expansion is tourism, being historical,
cultural, religious, towards adventure, or
for business. No matter the tourists´ main
objective, the state has conditions to offer correlated
services, such as its typical cuisine in
different regions. A potentiality that could be
more explored in this scenario is to better
promote the infrastructure of services to the
visitors of state parks in different regions of
Minas, as well as to improve promotion as a
tourism location.
Other possibilities of investment and
evolution of what already exists in the state
are: greater value aggregation and generation
of competitiveness for the state´s products
related to the automobile and mineral-metallurgical
sectors – such as produce for the
agribusiness and the energy segment for the
mechanical engineering segment; promotion
of synergies among the products and
services of the sectors of biotechnology and
agribusiness, this last one with a relevant
presence in the territories of North triangle
and South triangle; in addition to consolidation
and productivity improvements of several
other production chains, such as the
processing of fruits and vegetables, grains
and coffee in some territories, like South,
North Triangle and South Triangle. It still
sees as potential for projects, the development
of suppliers to the anchor companies
established in various regions of Minas. This
work has been carried out by INDI and some
partners, together with corporate entities.

38
Minas Gerais Business Guide - 2015 | ACMinas
IN ORDER
TO FLY MORE
AND MORE
A NEW AIRPORT
IS COMING UP.
Every day, an
even better
airport.
bh-airport.com.br
INDI
Aiming to reach this diversification, and,
simultaneously respect the territorial differences,
Minas Gerais, through its developing
ecosystem – in which act INDI, BDMG, Cemig,
Codemig, state departments of government,
business entities as FIEMG, FAEMG,
Sebrae and ACMinas – and counting in other
partners have been acting considering that
investment attraction is a continuous process
of building investors trust in the fundaments
of the territories where they decide to
do business with.
No matter what segment your corporation
is thinking of investing or the size of your company,
count with the Institute of Integrated Development
of Minas Gerais (INDI). Created and
maintained by the Energy Company of Minas
Gerais (CEMIG) and by the Bank of Development
of Minas Gerais (BDMG) for 50 years now, INDI,
the most traditional agency of promotion of investments
of South America provides assistance
at no cost to the investor who wants to settle in
the state or who wants to expand its production
plant installed here. We await your visit.
INDI is the most traditional investment
promotion agency in South
America, with 45 years of activities,
and a model for the creation of similar
institutions in other Brazilian states.
INDI is tied to the State Secretariat for
Economic Development (SEDE) and
is maintained by the State Electrical
Company (CEMIG) and the Minas
Gerais Development Bank (BDMG).
INDI provides assistance to investors
interested in establishing production
units in Minas Gerais and also
supports projects that are already
installed in the state, helping them
expand their businesses and increase
competitiveness. All the work developed
by INDI is carried out at no cost
to investors.
Minas Gerais State Investment
Promotion Agency - (INDI)
Rod. Prefeito Américo Renê Gianetti,
2º Floor • Building “Minas”
Cidade Administrativa Presidente
Tancredo Neves • Serra Verde •
Belo Horizonte/MG • Brazil
ZIP-Code: 31790-160
Tel.: +55 31 3915-2866
Minas Gerais is getting ready to have an airport up to its standards. With
the new terminal, Belo Horizonte International Airport will have 17 more
boarding bridges as well as new check-in, boarding and landing areas.
An expansion that will increase its capacity to 22 million passengers
per year and will offer more convenience to receive whoever passes by.
Minas Gerais
opens its doors
to the world.

Font: Ranking Connected Smart Cities
Nova Lima has received in August in São Paulo, the Award Connected
Smart Cities - Cities of the Future of Brazil. The Indicator indexes
were obtained from institutions such as SEBRAE, IBGE, DNIT, MINIS-
TRY OF HEALTH, ANEEL, RAIS (Annual Information Social Ministry of
Labour) ANATEL, ENEM, among others.
IN FIRST PLACE
AGAIN
ELECTED THE CITY WITH THE GREATEST
POTENTIAL OF DEVELOPMENT IN BRAZIL.
Nova Lima has the best development Human
index in Minas Gerais State, the best Basic
education in its Metropolitan Region and It
was elected the 1 st best Brazilian city to live
with less than 100 000 inhabitants in its area.
Now, our city won the 1 st place of the
Connected Smart Cities ranking, indicating
Brazilian cities with up to 100,000 inhabitants
of greatest potential for development.
In the overall ranking, Nova Lima is now
ahead of large cities all over the country and
occupies the 15th place, with emphasis in
the areas of education and health.
THIS IS A RESULT OF THE MUNICIPALITY
WORK THAT TAKES CARE FROM NOW,
THINKING Administrando THE OF com FUTURE Responsabilidade OF NOVA LIMA
BEING ALWAYS BETTER .
Longevity
• Urban Mobility
• Education
• Governance
• Safety
1 ST PLACE
Best city in Brazil
to live with less 100
thousand inhabitants
Managing Responsibly
7 PLACE
Health
The evaluations were based on priority sectors for the population
such as: Environment, Urban Planning, Mobility and Accessibility,
Health, Education, Security, Governance, Economy, Entrepreneurship,
Energy, Technology and Innovation.
Nova Lima, within the national context, reached the 15th place in
front of important cities such as Niterói (RJ), Campinas (SP), Fortaleza
(CE) and Uberaba (MG). In Minas Gerais State, Nova Lima occupies
now the 3rd place, behind only of Belo Horizonte (MG) and Uberlandia
(MG).
In between cities with less than 100,000 inhabitants , Nova Lima has
excelled in 1st place , ahead of several cities located in the states of
São Paulo, Paraná and Goiás . For specific sectors such as education
and health, Nova Lima stood out in the national ranking as the 7th
best city in quality of education and health.

Brazil´s
third largest
economy and
second biggest
exporter.
State seeks
breakthroughs
in foreign trade
by putting into
action plans that
leverage the
international trade.
Project of
Internationalization
Takes Minas Gerais
to The World
By Exportaminas
Brazil´s third largest economy and second
biggest exporter, Minas Gerais sum efforts to put
together an internationalization project towards all
the regions of the state. The initiative is conducted
in two fronts: with Exportaminas – unity of foreign
trade of the State Secretariat for Economic Development
– and with the International Relations
Office of the state government. The intention is to
take Minas Gerais to every corner of the world by
internationalizing its products and services.
The “jeito mineiro” (or “Minas´ way”) has
conquered the world. The sector of International
Commercial Intelligence of Exportaminas found that
in 2014 new regions started to consume products
and services of the state, emphasizing regions such
as Chad, Mongolia, Botswana and Bosnia-Herzegovina.
“To conquer new markets is very important
to Minas Gerais. The exported values still have a lot
of space to grow, and that´s why the state is watchful
to the market windows with other countries and
regions”, said the State Secretary of Economic Development,
Altamir Rôso.

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Minas Gerais Business Guide - 2015 | ACMinas
System fiemg building
Belo Horizonte/MG
In 2014, more than 1,400 companies of
Minas Gerais exported. The state´s products
– like pão de queijo (cheese bread), engines,
pharmaceutical products and chemicals, other
than the traditional iron ore – were sold by 265
municipalities in the state, which 23 of them just
debuted in the export market of 2014.
From the imports’ point of view, 2,814
companies of Minas Gerais bought from other
countries in the past year. In total, 231 municipalities
of Minas Gerais imported, being 15 of
them starters in this trade arrangement.
Thinking about strengthen the state´s foreign
trade, the Minas Gerais’ internationalization
project connects directly with two national
plans released this year – the National Plan of
Export Culture (PNCE) and the National Export
Plan (PNE).
The first one will reunite around 20 national,
state and local institutions around the dissemination
of an export culture by the entrepreneur.
The coordination of all the work will be done
by a committee that will count on a direct intervention
of Exportaminas e with the support
of important institutions for instance ACMinas,
Fiemg, Fecomercio Minas, Jucemg, Correios
(Mail), Banco do Brazil (Bank of Brazil) and
many more institutions and entities related to
the international market.
The second one (PNE) searches for alter-
natives, such as better conditions of financing
and access to markets for companies with potential
to be exporters. The focus is not only to
create opportunities, but also to make exportation
to be viewed as a way to improve the national
products in a world with globalized markets.
“Minas Gerais has been collaborating to
the development of an export culture and in enhancing
the foreign trade environment. We have
united the main entities in the national, state and
local levels so they can articulate around the
international commerce”, said Rôso.
Through the International Relations Office,
Minas Gerais has developed a diplomatic agenda
in different areas like economy, education,
health and social development. Coordinated by
the chief-office of the area, Rodrigo Perpétuo,
the challenge imposed is to internationalize all
the 17 development areas of Minas Gerais by
means of municipalities’ collaboration. “The
idea is that, with strengthen of the international
and diplomatic actions in the economic, technical
and institutional aspects, the government
is going to be able to create new entrepreneurial
opportunities for the population. The result
of this interaction will be a stronger and more
competitive state”, explained Perpétuo. In the
year of 2015 the state has already received delegations
of the United States, Germany, Spain,
Portugal, China, Japan, among others.
The idea is
that, with
strengthen of the
international and
diplomatic actions
in the economic,
technical and institutional
aspects,
the government is
going to be able
to create new
entrepreneurial
opportunities for
the population.
The result of this
interaction will be
a stronger and
more competitive
state.
Copyright: Foca Lisboa
Exportaminas, for over a decade, helps
companies from Minas Gerais that have potential
to be internationalized. With free service,
it also offer access to the main data of
foreign trade listed monthly at the Commercial
Balance – product of the unit that presents the
main results of Minas Gerais’ foreign trade.
It also offers an annual publication called
“Panorama of Foreign Trade”, which gathers
data about importation, exportation, main
sectors and commercialized products in the
state. Nowadays, the Exportaminas count
with the support of important institutions such
as Fiemg (Federation of Industries of Minas
Gerais), collaborating with missions and international
events, as well as Fecomercio-MG,
Correios, Senac, among others entities acting
with foreign trade.
If the entrepreneur has any doubts about
how or to where export, the patch is quick and
easy. One just needs to schedule a one-to-one
appointment via website: www.exportaminas.
mg.gov.br, or even through the Talk To Us,
available at the domain. At the unit, the Minas
Gerais’ entrepreneurs will have access to all
the needed information to understand the process
of insertion in the international market.
Other information can be acquired by calling:
+55 (31) 3915-3000 or on Facebook: www.
facebook.cm.br/exportaminas.
exportaminas
Address:
Cidade Administrativa Rod.
Prefeito Américo Renê Gianetti,
Building “Minas” • 3º Floor •
Serra Verde • Belo Horizonte / MG
Zip-code: 31630-900
Tel.: +55 31 3915-3000
central@exportaminas.mg.gov.br
www.exportaminas.mg.gov.br

Copyright: Marcelo Coelho
The Power
of Minas Gerais
Agribusiness
By Federation of Agriculture
and Livestock of the State
Minas Gerais (FAEMG)

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49
If we had to choose one word to define
Minas Gerais, a good choice would be diversity.
In its territory – a little bigger than France and the
4th biggest in Brazil – draws attention the variety
of vegetation, climate and topography.
This multiplicity is reflected in the agribusiness
sector. The state is a leader of important
products for the national economy, such as coffee
and milk, besides it excel in beef cattle, forestry
and equine, among other activities, developed
in approximately 552 thousand rural properties,
spread within the 853 municipalities of the state.
Even in this moment when Brazil is caught in
one of the worst crises of the past few years, the
agribusiness sector keeps holding the state´s
economy. With 0.20% of growth in May (2015),
the GDP generated by the sector in 2015 is estimated
in R$162.5 billion. In 2014, the agribusiness
represented 42% of the state´s GDP.
“Our mission is to engage as players for
what the world expects from us: the growth of
our food production of at least 40% until year
2020, so we can attend the population rising.
Our watchwords are management, productivity,
innovation, quality and sustainability”, said the
president of the Federation of Agribusiness and
Livestock of the State of Minas Gerais (Faemg),
Roberto Simões.
Among those priorities, the sustainable development
is one of the goals of Faemg. One of
the most important programs of our entity is the
Nosso Ambiente (Our Environment), initiative
that has been streamlined, with the objective of
increase the actions to improve the environmental
management, contributing for the sustainability
of the rural enterprises of Minas Gerais.
Copyright: Evandro Fiuza
Brazil´s
third largest
economy and
second biggest
exporter.
Quantity with quality
One of the most important products of the
state´s agribusiness is coffee. With a production of
23.3 million of bags, the state responds for half of the
Brazilian harvest, sold to more than 60 countries.
All this greatness can be seen, annually, in the
International Coffee Week, event that has Faemg and
its performers. In each edition it reunites more than
10 thousand visitors at Expominas, in Belo Horizonte,
generating direct business around R$25 million.
Among the grains, highlights the corn and soy,
which together represents 88.5% of the production,
and the remaining are cotton and sorghum
(4.8%) and three harvests of beans (4.41%). The
harvest of wheat has been outstanding in the state
and it grew 17.3% comparing with the year of
2014, reaching 239.5 thousand tons. In the first
harvest of corn, the state´s production became
first nationwide. Beans are in second place, with
529 thousand tons. The area and the production
of grains in Minas have remained practically stable
in the past 10 years, respectively, between 3 and
3.2 million hectares, and 10 to 12 million tons.
Minas also shows good perfomance in the
sugar cane and alcohol sector. With 37 installed
plants, it is the second biggest producer of cane in
Brazil, only behind São Paulo. The state´s production
in the harvest of 2015/2016, according to the
National Supply Company (Conab) it will probably
reach 53.3 million tons.
The fruit production is another highlight, and
our fruits are starting to cross borders. The Antonio
Ernesto de Salvo Institute (Inaes), research and
farming innovation center of Faemg, developed a
protocol to export bananas. The result was the
export in 2014, of the first experimental container
to Portugal, with 5.7 tons, direct from the region of
Jaíba, north of Minas Gerais.
Minas is also leader in forestry, with 1.53
million hectares of planted forests. Faemg acts
to strengthen the sector, with projects aimed at
training rural labor, support for the producers and
identification of multiple uses of wood.

Copyright: Evandro Fiuza
Minas Gerais Business Guide - 2015 | ACMinas
51
The development of agribusiness re-
aquaculture, handicraft, agroforestry sup-
quires preparation of human resources
port activities, activities related to service,
and this is one of the Faemg´s guidelines,
education, community organizations, live-
through the National Service of Rural Learn-
stock, health and forestry, always focusing
ing (Senar Minas). In its 22 years of exis-
on the concerns of the rural labor market
tence, the entity has been through an as-
and the needs of the agribusiness and the
Advances in Cattle Breeding
Focus
on
people
cending trajectory. In 2014, it benefits more
than 180 thousand people, and it had an
increase around 8.29% in the realization of
courses compared to 2013.
Along more than 2 decades, the Senar
Minas has already trained for free around
1.5 million of professional in courses in
the areas of agribusiness, agriculture, food
rural communities.
In addition to more than 300 traditional
courses, the entity invests permanently in
new projects. One of the Senar Minas’ goals
is precisely expanding the portfolio of training,
courses and programs, attending to the
new demands arising from agribusiness
modernization and from the support of the
and nutrition, support to rural communities,
quality of life of the rural families.
The state has other good results, like the
leadership at dairy cattle, with 9.3 billion litters
annually. The state´s production is the
responsible by putting Brazil among the 3
biggest milk producers in the world, behind
only India and the United States.
Faemg takes several actions to support
the milk producers. One of them is the Pro-
tor, through the use of techniques in pasture
management, livestock control and property
management. It is already more than 2.3
thousand benefits ranchers, in 315 state´s
municipalities.
In the beef cattle segment, one of the initiatives
is the inclusion of Faemg in the Work
Group on Sustainable Livestock (GTPS), as-
adherence is part of the strategy to enhance
the competitiveness and sustainability of the
sector in Minas Gerais, that has the second
largest herd of cattle in Brazil, with 24.2 million
heads, just behind Mato Grosso State.
In creation of equines, Minas Gerais is
first with 760 thousand heads. It has also
a good production of birds and swine, and
grama Balde Cheio (Full Bucket Program),
sociation that congregates the several seg-
watches now the strengthening of sheep and
which promotes the development of the sec-
ments of the Brazilian productive chain. The
goat farming.
Copyright: Marcelo Coelho
Copyright: Marcelo Coelho

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Minas Gerais Business Guide - 2015 | ACMinas
FAEMG
indicator
GDP
AGROBUSINESS GDP
AGRICULTURE GDP
EXPORTS
Agribusiness exports
AGRICULTURAL EMPLOYMENT
*EAP: economically active population.
SOURCE: FAEMG (2014)
Product
Coffee
Milk
Potato
Planted forests
Equine
Cattle
Garlic
Beans
Sugar cane
Orange
Sorghum
Tomato
Pineapple
Banana
important figures
brazil
US$ 2,353.78 billion
US$ 503.37 billion (21.39% BR’S GDP)
US$ 148.45 billion (6.31% BR’S GDP)
US$ 95.96 billion
US$ 41.24 billion (42.98% BR’s exports)
27% of the EAP
23.3 million of bags
9.3 billion of litters
1.17 million tons
1.53 million hectares
760 thousand heads
24.2 million of heads
22.8 thousand tons
529.2 thousand tons
53.3 million tons
995.3 thousand tons
487.8 thousand tons
665.5 thousand tons
269.7 million of fruits
815.8 thousand tons
minas gerais
US$ 162.75 billion
US$ 69.46 billion (42.68% MG’S GDP)
US$ 36.48 billion (22.41% MG’s GDP)
US$ 12.50 billion
US$ 3.45 billion (27.6% of MG’s exports)
20% OF THE EAP
MINAS GERAIS AGRIBUSINESS RANKINGS
Minas Gerais
Rank/Brazil
participation
mg/br (%)
6.91
13.80
24.57
13.03
8.37
1 st
1 st
1 st
1 st
1 st
2 nd
2 nd
2 nd
2 nd
2 nd
2 nd
2 nd
2 nd
2 nd -
ADDRESS:
Av. Contorno • 1771 • Floresta
Belo Horizonte/MG
Zip-Code: 30.110-005
Tel.: +55 31 3074-3000
www.sistemafaemg.org.br
Source: IBGE/LSPA April (2015)

Minas Gerais Business Guide - 2015 | ACMinas
55
Amcham-Brasil was founded in 1919 and
has always played an active role in the country’s
business environment. The role performed by
the organization has attracted virtually all American
companies with operations in Brazil, as well
as multinationals from over 40 countries and a
great number of large size Brazilian companies.
As a result, Amcham-Brasil is now the biggest
among the 104 American Chambers there are in
the world.
Throughout these more than 90 years of
existence Amcham-Brasil has made major con-
tributions for the improvement of the business
environment both in Brazil and in the U.S.A.,
working to support important principles, such as
respect towards the society and the environment,
democracy, free initiative, freedom of speech, intellectual
property, entrepreneurism, innovation
and strengthening of national institutions.
The key main purpose of Amcham is to
strongly support the free enterprise system (“For
a better business environment”) as well as to
promote the strengthening of Brazil / U.S. economic
and commercial relationship.
Amcham-Brasil has approximately five thousand
member companies and has offices in 14
Brazilian cities - Porto Alegre, Curitiba, Joinville,
Campinas, São Paulo, Ribeirão Preto, Belo Horizonte,
Uberlândia, Goiânia, Brasília, Fortaleza,
Campo Grande, Salvador and Recife -, having a
nationwide level of representativeness.
All those regional centers promote a variety
of non-stop activities, mobilizing around 150
thousand businessmen yearly for as much as
2 thousand different meetings, fairs, task forces
and fora.
International Affairs
Differential
American Chamber of Commerce
The main purpose of the department
of International Affairs is to promote trade
through the analysis of information and
assistance to our associates, as well as to
foreign companies that wish to operate in
Brazil.
Our focus is to increase the trade flow
between Brazil, the U.S. and other major
players worldwide using our products and
services as tools for understanding all
aspects of international relations and trade.
Amcham Brazil´s differential is the set of
services provided for Brazilian and foreign companies
which intend to improve their relations
on trade and investment. Based on many years
of experience and with the support of the US
Chamber, the Brazilian and the American Diplomacies
as well as the American Chambers of
Commerce around the world, Our services are:
•Trade
Intelligence
•Trade Missions
•Publications
•The AMCHAM
Brazil Foreign
Partnership
Program
ADDRESS:
Rua Ministro Orozimbo Nonato, 102
4º Floor • Building ICON
Nova Lima/MG
Zip-code: 34000-000
Tel.: +55 31 2126-9750
www.amcham.com.br/belo-horizonte
FOR A BETTER BUSINESS ENVIRONMENT - AMCHAM IN NUMBERS (2014)
BUSINESS CENTER CONTENT GENERATION BUSINESS NETWORK
Largest Amcham outside U.S. out of
the 104 in the world
Scope
14 Branches
All sectors of the economy
85% of Brazilian Companies
Companies from 40 countries 100%
of American companies in Brazil
5.000 member companies
8 million direct and indirect Jobs
72 of the 100 most valuable brands are
members
Social Media
512.000 pageviews per month
157.000 website users per month
2.000 press presence (interviews, information per year)
1.800 activities
2.000 key-note speakers
150 theme committees
100.000 professionals
Foreign Trade
Brazil-USA and other Markets
Trade and Investment
Promotion
Research projects

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57
Brazil-China
Brazil and China are the two
most important developing countries
in the world. The strategic
partnership between the two countries
has been in place for 21 years
and their convergence in politics,
diplomacy, finance and commerce
is notable. Minas Gerais is the second
largest Brazilian state in relation
to trade with China and there is
great potential for this commercial
relationship to grow.
Brazil and China established diplomatic
relations in 1974 and after this event their
mutual trade has grown quickly. In 1993 the
Chinese Prime Minister helped transform the
Brazil-China association into a strategic partnership.
It is important to notice that Brazil
was the first developing country that had
such a solid relationship with China. In the
21st century, under the presidency of Lula,
Brazil-China relations were consolidated
in the scope of the increasing south-south
cooperation. Today, China is Brazil’s largest
commercial partner in the world: it is the
biggest buyer of Brazilian goods and holds
second position in sales to Brazil. Nevertheless,
Brazil has deficit in relation to external
trade with China, Brazilian exports to China
are based on iron ore and soy beans which
have less value than its imports based on
high technology. Therefore, there is space
in this relationship for the diversification of
commerce and for larger mutual investments
in logistics, infrastructure and technology.

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The
increasing
possibilities
of commerce
between
Minas Gerais
and China
The state of Minas Gerais has great significance
in terms of land area and economy in
Brazil. The province is bigger than countries like
France, Germany, Spain and Japan and has a
larger economy than Denmark, Portugal, Venezuela
and Chile. With a GDP that exceeds 210
Billion Dollars; representing 10.8% of Brazil’s
GDP, Minas Gerais is a promoter and facilitator
of the Brazilian economy and has a serious
public administration and entrepreneurship.
Located in southeastern Brazil, with a population
that exceeds 20 million, the state has a
fortunate geographical position, situated close
to 80% of the Brazilian consumer market. In the
capital, Belo Horizonte, the population is 2.49
million and the city’s GDP accounts for 40%
of total generation of the state. Minas Gerais is
also the second largest exporter among Brazilian
states, totaling 12.3% of the country’s exports
and was responsible for 56% of the trade
balance of Brazil in 2012. Among the highlights
of its economy are coffee (accounting for 35%
of Arabica coffee production in the world), iron
ore and its derivatives (highest producing region
of the iron ore in the world), sugar cane,
chemical and automobile industries, having the
third largest industrial park in these sectors in
the country.
igreja de São Francisco de Paula
Tiradentes/MG
Brazil–China Chamber
address:
Rua Felipe dos Santos • 521 • 8º
Floor • Lourdes • Belo Horizonte/MG
Zip-code: 30.180-160
Tel.: +55 31 2552-7414
E-mail: mg@ccibc.com.br
www.camarabrasilchina.com.br
Minas-China
association
Trade between Minas Gerais and
China has clear possibilities to develop in
the near future. The state of Minas Gerais
is the second largest sugar cane producer
in Brazil. Sugar cane is the main raw material
used in the production of biofuels, the
use of which has no impact on the environment.
China has a great need for fuels
due to its enormous economic growth and
at the same time, it needs renewable fuels
because of the impacts petroleum has on
the environment. Remembering: China responds
for the second largest greenhouse
gas emission in the world. As Minas Gerais
is the largest iron ore exporter in Brazil and
China needs this product to accelerate its
economic growth, investments in logistics
such as in ports and railways should be
considered to decrease the costs of external
trade to the Chinese market. Minas
Gerais is also one of the main honey and
propolis producers in Brazil, products that
are very expensive in China and, hence,
currently underused for individual consumption
(honey) or for the production of
cosmetics (propolis). Perhaps coffee is
potentially the main product that could be
bought by the Chinese market from Minas
Gerais. Minas Gerais is by far, the largest
coffee producer in Brazil and in the world,
and the Chinese Chamber of Commerce
in Brazil has made important missions to
China to promote this product.
Conclusion
The Chinese Chamber of Commerce in
Brazil – CCB is available to help all Chinese
investors who are interested in importing or
exporting products between Minas Gerais
and China. The Institution has in-depth knowledge
of the Brazilian and Chinese markets.
The increased production and consumption
of several sectors such as iron ore, propolis
and honey, sugar cane and coffee have created
new opportunities for investments and,
therefore, have increased international trade
between Minas Gerais and China.

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Câmara Francesa de Comércio
(French Chamber of Commerce)
address:
Av. do Contorno, 4520 – 7º Andar
Tel : (31) 3213-1576
Fax : (31) 3213-1577
ccfbmg(at)ccfb.com.br
French Chamber
of Commerce
The Chamber of France is a non-profit association
that aims to develop the economic, financial,
commercial, industrial, technical, cultural
and social relations between France and Brazil.
Its goal it is to optimize the relations between
its associates and official French agencies in
Brazil such as embassies, consulates, economic
mission and foreign trade councils. It is additionally
a privileged interlocutor of French agencies in
the business world for Association des Chambres
Françaises de Commerce et d’Industrie
(ACFCI), Business France and Mouvement des
Entreprises de France (MEDEF). It is also part of
an important net of regional French chambers of
commerce and industries worldwide.
On the commercial side, the Chamber of
France provides economic and general marketable
information, and it supports French and
Brazilian companies stimulating bilateral partnerships
and supporting the French companies on
their “first steps” in Brazil.
The Chamber operates on several fronts
aiming the development of business volume,
through the obtaining of information and ideas
exchange with all the responsible of the associated
companies, promoting effective networking
between the Chamber´s members.
In this year of 2015, despite of many experts
assert that it will be a year of recession for the
Brazilian economy, certainly many markets will
grow. The opportunities might arise starting at
new tendencies from people´s behavior change,
as an example there is a strong tendency towards
the companies that delivered services
directed to health and well-being. In the next year
the Chamber of France will be focusing its attention
concerning this sector of business.
The technological segment and the digital
games segment are strongly developing in the
market likewise. The startups of IT (information
technology) have been showing themselves
as really interested on internationalizing, and
the recent mission of Fumsoft to CAP Digital
in Paris comes with the potential of bringing
significant results.
Besides that, the mission of Minas Gerais´
entrepreneurs that went to France in May of 2015
expects R$500 million of investments in the productive
sector and in sustainable development
politics for the state of Minas. According to the
state´s governor Pimentel, France is “a strategic
partner of Minas and we (Minas Gerais) have the
perspective of developing a profitable relationship
coming both ways, involving the private sector
and focusing on innovation, social inclusion and
sustainability”. The agenda involved meeting
with the French Agency of Development (AFD)
and the Public Bank for Investments (BPI). During
the visit a business breakfast was promoted
at the Industrial Confederation of France and it
was also upheld a meeting with French companies
interested on increasing or performing
investments in Minas Gerais.
In addition to presenting the development
program in the IT sector called “Minas Digital”,
the Minas Gerais´ government presented as well
a proposal to the Public Bank of Investments
(BPI) to create an investment fund to technologic-based
companies, aiming on the stimulation
of partnerships between French and Minas’
entrepreneurs. The objective is the internationalization
and enlargement of the market, and hightech
trade, favoring sectors such as aero special,
semiconductors and biotechnology.
“The proposal is that the Development Company
of Minas Gerais (Codemig) will invest 50
million euros and the BPI another 50 million,
generating a “mirror trust”, anchored by the
Development Bank of Minas Gerais (BDMG),
focusing on the development and internationalization
of small and medium companies within
the agreement between the Brazilian government
and the French government in the field of innovation“,
explained the president of Codemig, Marco
Antônio Castello Branco. According to him, the
trust could initiate its operations in the beginning
of 2016.
Still on the matter of good news and bilateral
relations, the Ministry of Development, Industry
and Foreign Affairs (MDIC) has just launched a
partnership with the Ministry of Economy, Industry
and Digital Sector of France named First
Call to Presenting Joint Projects of Research and
Development.
The Call invites Brazilian and French companies
to former a partnership to present joint projects
in research, development and innovation
towards introducing new products, processes
and services to the market. Projects approved
for the Call are going to be able to be financed by
the investment bank Bpifrance on the French side
and by the BNDES and other promotion agencies
on the Brazilian side. The projects can be on the
following sectors: ITC (information technology
and communication), integrated urban development
(e.g.: smart cities), biotechnology, green
chemistry, biofuel, health, petroleum and gas
(including topside, submarines, downhole and
reservoirs technologies), energy (including solar
photovoltaic and wind power) and cosmetics.
Thus, certain that Brazil and the future are
potentially greater than the immediate present, the
Chamber of France keeps working with enthusiasm
so the commercial relations with France diversify
and prosper in the state of Minas Gerais.
It praises the initiative and participates along
with ACMinas on the project Internationalize BH
(Internacionaliza BH), which it believes will drive
this irreversible trend and certainly enrich the
economic outlook of Belo Horizonte and the state
of Minas Gerais.
Brazil
to France
French Chamber of Commerce
address:
Av. do Contorno • 4520 • 7º Floor
Funcionários • Belo Horizonte/MG
Tel.: +55 31 3213-1576
Fax : +55 31 3213-1577
E-mail: ccfbmg@ccfb.com.br
minas.ccfb.com.br

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Minas Gerais and india,
Cases of success and main activities
T
he India Brazil Chamber of Commerce
(IBCC) has a strong tradition of the interlocution
between the Indian and the Brazilian
markets. Established in 2003 and having its
headquarters in the A.H. Consulate of India in
Minas Gerais, IBCC has assisted companies
from Minas Gerais and from Brazil as a whole
to search new projects in India through market
researches and direct follow-ups with the entrepreneurs,
whether they are in Brazil or in India.
IBCC also carries out corporate missions
to India since 2004, with a special highlight
to the follow-up of the Official Delegations of
Presidents Lula in 2004 and Dilma Rousseff in
2012 during the BRICS Summit. The Chamber
also organized the Official Delegation of Minas
Gerais’ Government to India, in October 2011,
in which the former Governor of the state of
Minas Gerais, Antonio Anastasia, and a delegation
of important entrepreneurs from Minas
Gerais related to ACMinas and FIEMG, have
visited great Indian companies and have been
able to establish a series of contacts and new
international connections, which has been
generating strategic investments to the state
of Minas Gerais.
IBCC has assisted
companies
from Minas Gerais
and from Brazil as
a whole to search
new projects in
India...

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Since its foundation, IBCC seeks to assist
the entry of Indian companies in Brazil, especially
in Minas Gerais, and also helps on the
exports of Brazilian´s products to India. It is
worth to mention some cases of success over
the 12 years, as the partnership between Tata
and Marcopolo for the manufacturing of buses
in India (2004); market and exports studying
of Cachaça Diva for the Indian market (2006),
being that the first Brazilian cachaça (typical
beverage) to enter in the Indian market; establishment
of the Information Technology company
Infosys in Minas Gerais (2009); exportation
of Havaianas for the Indian market (2011);
establishment of the Indian BPO company
Genpact in Uberlândia (2012); plant establishment
for the Indian pharmaceutical company
AGC Worldwide in Pouso Alegre – MG (2013-
14), after negotiating with the Government of
Minas Gerais, among other businesses.
Another important strategy for the relation
between the two countries is the participation
in international fairs. In 2014 and 2015,
IBCC leaded two delegations of entrepreneurs
from the pharmaceutical sector to take part
in IPHEX, the sector’s biggest fair in India,
organized by the Pharmaceuticals Export
Promotion Council of India (PHARMEXCIL).
Both delegations have counted with important
businessmen and businesswomen from the
Brazilian pharmaceutical segment and good
business have been generated in both years.
On 2015’s edition, we had a stand on the
fair to introduce the opportunities within the
Brazilian market. In that opportunity we have
launched the Pharma Office, which will be directed
to the promotion of business between
Brazil and India on the pharmaceutical sector.
The year of 2015 is a very auspicious year
for IBCC due to the reopening of our branch in
India, in partnership with Mr. Ashutosh Gupta,
a businessman from the Indian pharmaceutical
sector. The office, located in the central
area of New Delhi, India’s capital city, has a
team of professionals who are fluent in Por-
tuguese and Spanish, seeking to assist our
associates and partners even better.
The India Brazil Chamber of Commerce is
proud to be a reference on the relationship between
two important members of the BRICS and
is available to assist Brazilian and Indian companies
to build and consolidate this relation.
Since its
foundation, IBCC
seeks to assist
the entry of Indian
companies in
Brazil, and also
helps on the
exports of
Brazilian´s products
to India.
India-Brazil Chamber of Commerce
address:
Rua Paraíba • 523 • Funcionários •
Belo Horizonte/MG
Zip-code: 30.130-140
Tel.: +55 31 3055-3886
E-mail: india@indiabrazilchamber.org.br
www.indiabrazilchamber.org

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Italian-Brazilian
Chamber of Commerce
Abusiness environment towards the promotion
of commercial exchanges in the global
scenario, that´s how the Chamber of Italy defines
itself. It is a chamber that fosters the bilateral
relation between Italy and Brazil, as well
as the relations between all the big markets.
Founded in 1995, it was officially recognized
by the Italian government in 1998.
The Chamber is part of a net of more than
80 Italian commercial chambers in the world,
which gives support to nearly 25,000 associates
in 55 countries. To promote products
and services worldwide, this net is essential
in the process of companies’ internationalization.
The Chamber has a portfolio of
products and services aiming at expanding
the opportunities that generate
results to its associates, clients
and partners. Its main services are:
organizations of rounds of business
with companies around the world;
participation in the best world fairs
in Italy and management of technical
visits; global broker with articulation
of channels of promotion and global
relationship to prospect the selling of
companies and international partners,
offering personalized advice to the realization
of business.
The Chamber´s mission is to consolidate
itself as an influent and efficient reference
in the promotion of commercial, political,
institutional and academic cooperation between
Minas Gerais and Italy, assisting Brazilian
and Italian companies in their process of
internationalization and in the development of
strategic partnerships that generate benefits to
both countries. Its vision it is to be perceived
for the excellence of its services and recognized
by its associates, by the government
and by the Brazilian and Italians entrepreneurs
as an entity of promotion and enhancement of
the relations between Brazil and Italy. Its values
are: ethnics in its relations; transparency in the
results; compromising on offering high quality
services; respect to people; promotion of a
favorable environment to the development of
new business; compromising with an innovative
and sustainable development; globalized
vision to understand the business environment
as an ensemble of interdependent relations.
For being a strategic connection between
Brazilian companies, Italy and the worldwide
commerce, the Chamber conceived the area
Expo Milan 2015 during the 9th Italian Festivity
in Belo Horizonte in May, 2015. Under the
central theme of the expo “Nursing the planet,
energy for the life”, more than 100 thousand
visitors where able to know better about this
important worldwide manifestation in the capital
of Minas Gerais, set as the third biggest
event in the planet. With the goal of offering an
efficient response to the demand of the Minas
Gerais’ entrepreneurs interested in the great
opportunities offered by the Universal Exposition,
the Chamber has organized a commercial
mission and technical visits to the Expo
Milan 2015, in Italy, during October.
Minas Gerais is considered the 3rd biggest
economy in Brazil, the biggest hub of biotechnology
and life sciences and 2nd largest
automotive hub in the country. It is also the
main producer of coffee, gold, steel and iron
ore in Brazil. Head office of the only company
that produces helicopters in Latin America, the
state of Minas Gerais holds a large amount of
companies in the information technology (IT)
segment. Pioneer in the digital entrepreneurship,
Belo Horizonte has a hub called San Pedro
Valley, a community of companies
and projects that compose the capital´s
ecosystem of startups. It is within this
context that it was released in 2014 the
Prêmio Mineiro de Inovação (Minas
Gerais Prize for innovation), an initiative
from the Chamber of Italy with institutional
support from the Government of
the State of Minas Gerais and FIEMG,
which it purposes is to recognize and
gratify those who their ideas effectively
contributed to the advancement of
knowledge in the State, generating projects
and transforming solutions, with a
positive environmental and economic
impact.
Italian-Brazilian Chamber of Commerce,
Industry and Craftwork of Minas Gerais
Address:
Rua Piauí • 2019 • 5º Floor
Funcionários • Belo Horizonte / MG
Zip-code: 30150-321
Tel.: +55 31 3287-2212
Email: info@italiabrasil.com.br
www.italiabrasil.com.br

Portuguese Chamber
of Commerce in Brazil
Minas Gerais
The Portuguese Chamber of Commerce
in Brazil – Minas Gerais, established
in 1996, is an association
dedicated to the growth of commercial,
technological, social, and cultural relations
between Minas Gerais, Portugal
and Portuguese-speaking countries.
The Chamber is responsible for
strengthening economic relations between
Minas Gerais, Portugal and all businesses
of Portuguese origin looking for a
competitive position on the global stage.
The common elements that unite the two
countries, especially the language, culture
and history, clearly favor the success of
new business opportunities and generate
promising opportunities.
The geographical location of Portugal
is also very strategic. Located at the West
Coast of Europe, Portugal is close to time
zones of distant countries like Russia and
the US facilitating business whether you
go West or East. It is also a gateway to a
market of about 250 million people in the
Portuguese speaking countries and also
to the European Union countries.
The Portuguese Chamber of Commerce
in Brazil – Minas Gerais, along
with 12 other Portuguese Chambers,
composes the Federation of Portuguese
Chambers in Brazil. The Federation enables
the integration and development of
network between the Chambers and their
respective associates.
Among the objectives of the Chamber,
there are the promotion and strengthening
of trade and cultural exchange
between the two countries and creating
business opportunities in various industries:
exports, imports, technology, food,
transportation, infrastructure, construction,
financial inspection, tourism and
health.
The Chamber has a portfolio of
products and services that focuses in
the expansion of opportunities and generation
of results for our associates and
customers. Among our main products
and services are: organization of events,
courses and lectures; studies and analyzes
of business intelligence; organization
of commercial and business missions;
international and national match-making
and support to start a company in Brazil
or in Portugal.
Our main mission is to promote in
Minas Gerais a network able to launch
opportunities to the new entrepreneurs or
to the already established enterprises of
the Portuguese-speaking countries.
Portuguese Chamber Of
Commerce In Brazil – Minas Gerais
Address:
Av. do Contorno • 4520 • 7°
Floor • Funcionários
Belo Horizonte/MG
Zip-code: 30.110-916
Tel.: +55 31 3213-1557
secretaria@camarabrasilportugal.
com.br

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Minas Gerais and Portugal:
new opportunities of business
Located in the southwestern of Europe, on
the tip of the Iberian Peninsula, Portugal is a
country with an estimated 10.6 million inhabitants
and whose GDP in 2013 was US$ 219,29
billion, positioning the country as the 49th
economy in the world. The main field of activity
in the country is the service sector which corresponded
to 75,4% of the GDP last year, followed
by the industrial sector with 22,1% and
thirdly, the agricultural sector with 2,5%.
In 2013, the foreign trade of the
country grew by 21,8% compared to 2009,
from US$ 113,4 billion to US$ 138,1 billion.
About the exports of Portugal in the same year,
fuels (oil and refined petroleum gas) were the
main products exported, followed by automobiles,
electrical and mechanical machinery,
plastics, footwear, paper, knitted garments, iron/
steel articles and furniture. The fuels were also
the main item of imports followed by vehicles,
mechanical and electrical machinery, plastics
and pharmaceuticals products.
In the last years, despite the crisis in the
country, it is possible to highlight two factors
that are contributing to Portugal to exit
from the financial recession: growth in the
exports and prosperity of tourism in Portugal.
Tourism is a strategic sector for the national
economy due to the direct and indirect
incomes that it generates, since it has been
contributing to 46% of the exports in services
and in 10% of the national GDP.
ment of Minas Gerais has developed and invested
in various projects linked to trade, having
as main objective “to be the best state for business
with the foreign”, thus contributing to the
diversification, value aggregation and sustainable
growth of the state and national economy.
In this regard, since 2008, relations between
Portugal and Minas Gerais were much
benefited by the establishment of a direct flight
from Lisbon to Belo Horizonte by TAP. The flight
not only contributed to the increase in the number
of foreign tourists and business between
Minas Gerais and Europe, but also in the trade
relations between the state and Portugal.
Minas Gerais is considered the largest
mining state in Brazil and the second largest
software producer in the country. Moreover, it
is home to over one third of biotech companies
in Brazil, the largest producer of coffee, headquarter
of five of the top 10 Brazilian universities,
and it also has the best primary education
in the country. The capital, Belo Horizonte, has
a community of startup known as the “Valley
of São Pedro”, consisting of approximately 100
local businesses which have attracted international
attention for its innovations.
In March 2014, the industrial airport of
Confins was inaugurated, the first in the country,
located on the site of the Tancredo Neves
International Airport in Belo Horizonte.
two factors
that are contributing
to Portugal to exit
from the financial
recession: growth
in the exports and
prosperity of tourism
in Portugal.
This customs enclosure, facing the realization
of industrials activities, will host non-polluting
enterprises, oriented mainly for export and
whose production will use intensively air transportation
in order to ensure speed, agility and
accessibility to both suppliers and consumers.
There is a forecast that this venture will attract
nearly US$ 100 million in investments. So it is
a great opportunity for those who are thinking
of Minas Gerais as a place to invest.
The Portuguese Chamber of Commerce
in Brazil – Minas Gerais has also contributed
to improve the trade relations between the
state of Minas Gerais, Portugal and others
Portuguese speaking countries.
In 2013, for example, the Federation of
Portuguese Chambers of Commerce in Brazil
and the Portuguese Chamber of Minas Gerais
organized the 7th Business Meeting in Portuguese
Language in Belo Horizonte. With the
intention of expanding ties between entrepreneurs,
public and private entities in Angola,
Brazil, Cabo Verde, Guinea Bissau, Mozambique,
Portugal, São Tome and Principe and
East Timor, a thousand entrepreneurs participated
in the event. Topics such as renewable
energy, real estate, infrastructure, tourism,
agribusiness and information technology
were discussed. The expectation of business
between the companies reached R$ 1,7 billion
(US$ 85 million).
Portugal, hoping to boost its economic
growth, aims to invest more in the country’s
infrastructure. In January 2014, a group led by
José Eduardo Carvalho, president of the Portuguese
Industrial Association (AIP) announced
that until 2020, thirty infrastructure projects
will be seen as priorities. Among the planned
infrastructures is the creation of a deep-water
terminal in Lisbon, the conclusion of the rail link
between Sines and Spain and a new cargo terminal
at the Lisbon Airport.
Regarding to Brazil, the country is considered
the fourth main destiny of Portuguese
direct investment abroad. There is an estimate
that currently about 600 Portuguese firms or
companies of Portuguese capitals are working
in Brazil. Over the past 10 years, Brazilian´s investments
in Portugal grew more than 250%. In
addition, bilateral trade in 2013 generated US$
1,9 billionFrom 2009-2013 this trade grew by
13,5%, from US$ 1,9 billion to US$ 1,94 billion.
For Portuguese investors who seek Brazil
as a market, Minas Gerais is the perfect place
for your business. In recent years, the govern-

Minas Gerais Business Guide - 2015 | ACMinas
73
Investing
in Brazil
By Manucci Law Firm
How to invest in Brazil
Brazil is the world’s second largest emerging
economy, second only to China, with a PPP
GDP of USD$ 3.2 trillion. It is the world’s 7th
largest economy (expected to become the 5th
in the next decade) and it is the largest economy
in Latin America. By continuously building upon
the solid macroeconomic stability, which began
in the early 2000’s, by 2012, it had become the
world’s 3rd largest foreign direct investment recipient
and the 1st in Latin America.
Major companies are headquartered
in Brazil, such as Embraer, Vale, Petrobras,
among others. With more than 200 million inhabitants
and a large middle-class population,
the country also has a huge and growing domestic
market. Since 2003, 40 million people
have joined the middle-class as a result of
successful economic and social investment
policies to fight poverty. Additionally, the country
possesses many large industrial and major
infrastructure projects (resulting from the “Accelerated
Growth Program” and the “Logistics
Investment Program”), which combine technology,
high productivity and sustainability.
Therefore, Brazil is one of the world´s
greatest investment opportunities, a gateway to
Latin America, and is looked upon as a model
for growth for other developing countries.
Manucci Law Firm provides specialized
legal services through smart
strategies aimed at achieving results
and savings for its clients.
Through a multidisciplinary team
of skilled professionals, the law firm
offers the structure and support required
to meet the demands of its
clients in Brazil and abroad.
Address:
BRAZILIAN DEFINITION
OF FOREIGN CAPITAL
Rua Antônio de Albuquerque • 194
10° Andar • Funcionários •
Belo Horizonte/MG
Zip-code: 30.112-011
Tel.: +55 (31) 2552-2009
Under Federal Law nº. 4131, of 1962, foreign
capital can be defined as goods, machinery
or equipment brought into Brazil without initial
payment, for use in the production of goods
and services, as well as financial or monetary
resources brought into the country for use
in economic activities. In both cases, foreign
capital must belong to companies or individuals
with permanent residence or headquarters
in foreign countries.
Foreign capital is afforded the same legal
treatment as national capital.
www.manucciadv.com.br

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75
FOREIGN DIRECT
INVESTMENT MODALITIES
Foreign investment in Brazil can be carried
out as a direct investment or through
an investment portfolio. If the investor holds
10% or more of ordinary shares or the right
to vote in a Brazilian Company, it will be considered
a Foreign Direct Investment (FDI). If
the percentage is less than 10%, the investment
will be considered a Foreign Portfolio
MOST COMMON LEGAL ENTITIES
The most common entities chosen by
foreigners in Brazil to set up businesses are
the Sociedade Anônima (similar to a Corporation)
and the Sociedade Limitada (similar
to a Limited Liability Company).
The Sociedade Limitada (Ltda) is regulated
by the Brazilian Civil Law Code, and is
organized through its articles of incorporation
and its Operating Agreement. Its members
have limited liability.
• The liability of members is limited to
their investment (otherwise known in Brazil
as “quotas”), provided that the member’s
capital contribution has been paid.
• The capital is divided into units that
represent the amount of money, credits,
rights or assets which the shareholder has
contributed to the company’s capital.
• There is no minimum capital required
to set up this type of company.
• A minimum of two members (Brazilians
or foreigners) is required.
Investment (FPI). Portfolio investments refer
to foreign investments in the Brazilian financial
and stock Markets in the form of share
acquisitions or fixed-income or securities,
traded in Brazil or abroad.
Foreign Direct Investment is divided into
two main modalities, which are (i) capital
participation and (ii) intercompany loans.
The Sociedade Anônima (S/A) is regulated
by Federal Law No. 6404, of 1976, and
is organized according to its bylaws. It is a
business corporation by legal definition, with
the objective of earning profits to be distributed
among its shareholders. Its capital is
represented by the value of all issued and
outstanding shares.
• A minimum of two shareholders (Brazilians
or foreigners) is required.
• Generally, there is no minimum capital
required, except for some specific activities,
such as financial service firms, banks etc.
There are two types of Sociedades
Anônimas: (i) a publicly-held company, which
obtains funds through public offers and subscriptions
and is supervised by the Brazilian
Securities Commission (CVM); and (ii) a
privately-held company, which obtains capital
from its own shareholders or subscribers.
HOW TO SET
UP A COMPANY
IN BRAZIL
Formal procedures
• Foreign shareholders must appoint and be
represented by a local attorney-in-fact, granted
specific powers to act on their behalf in
any administrative and judicial proceedings;
• Foreign citizens and companies must be
registered with the Federal Revenue Service
to obtain the Company’s Tax Registration
Number (CNPJ) or Individual Tax Registration
Number (CPF);
• Bylaws or articles of incorporation of the
investors’ foreign companies and power of
attorney shall be legally recognized at the
nearest Brazilian Consulate in the foreign
country before their respective translation for
legal equivalence;
• The manner in which the capital stock will
be subscribed to in the Brazilian companies
(goods, cash, and rights) is described in the
bylaws or articles of incorporation;
• After the translation for legal equivalence,
the bylaws or articles of incorporation must
be duly filed with the Brazilian Local Trade
Register (a lawyer must review and sign the
bylaws or articles of incorporation);
• After filing the company’s deeds, the investors
must register the foreign capital
(cash, rights, goods, equipment) with the
Brazilian Central Bank Information System
(SISBACEN) using the RDE-IED (Electronic
Registration) software program. The capital
registration in RDE-IED is also necessary to
ensure the remittance of profits, profits reinvestment
and capital repatriation in the future;
• Before beginning its operations, the company
must be registered with the appropriate
State Revenue Agency, Municipal Revenue
Agency and Social Security Agency (INSS).
Permanent Visa
• Foreigners can be Directors or Managers of
Brazilian Companies, however, they must have
a permanent Brazilian Visa;
• The permanent visa is contingent on registration
of the company’s bylaws or articles of
incorporation and must be approved by the
Ministry of Labor, the Ministry of Foreign Relations
and the Federal Police;
• The visa is also contingent on the carrying
out of the work for which the work license was
required;
• To apply for a permanent visa for its Directors,
the foreign company must have at least,
R$ 600,000.00 Brazilian Reais (around USD$
The Brazilian Taxation System has 3 (three) tiers
of taxation:
− Federal;
− State;
− Municipal.
250,000.00 on 04.02.2014) invested
in Brazil for each Director, provided
that such investment is registered with
the Central Bank of Brazil;
• It is also possible to obtain the permanent
visa for its Directors if the foreign company
invests, at least, R$ 150,000.00 Brazilian Reais
(around USD$ 65,000.00 on 04.02.2014) and
the company will produce a relevant social impact
in Brazil. Examples of relevant social impact
are: creation of jobs for Brazilians, transfer
of knowledge to local companies in Brazil, environmental
benefits and empowerment of local
communities;
• The permanent visa may also be granted to
individuals who invest, at least, R$ 150,000.00
Brazilian Reais (around USD$ 65,000.00 on
04.02.2014) in a Brazilian company, either existing
or recently set up.
BRAZILIAN TAX SYSTEM OVERVIEW
Taxation
• The profits/dividends distributed by Brazilian
companies to partners based or resident in foreign
countries have not been subject to income
tax since 1996;
• Capital gains (which are the result of the positive
difference between the acquisition value of
goods and rights and their sale value) are taxed as
income tax at the rate of 15% on the gains;
Capital admission – Categories
1) Money;
2) Importation of goods without exchange
coverage. The goods may be tangible (ma-
• Taxation will vary depending on the activity of
the company and the location where it operates
(City and State);
• Brazilian companies constituted or controlled
by foreign capital, in general, have no special
• Services provided by foreigners, residents or
domiciled abroad, to individuals or companies in
Brazil are subject to income tax at the rate of 15%
(25% on software and technology acquisition or to
companies based in tax havens), plus Municipal
taxes on services, depending on the service and
location where it is rendered;
• Royalties paid to controlling companies based
in foreign countries are subject to a total taxation at
the rate of: 15% of income tax and 10% of CIDE tax
(nondeductible under double taxation agreements).
chines, equipment) or intangible (rights);
3) Reinvestment of profits, “interest on own
capital” or future profits reserve.
tax benefits in relation to companies constituted
or controlled by Brazilians; However, Cities and
States generally offer tax benefits and concessions
of land for substantial and relevant foreign
investments.
Double Taxation Agreements
Brazil has entered into Agreements to avoid double
taxation of income with the following countries:,
Argentina, Austria, Belgium, Canada, Chile,
China, Czech Republic, Denmark, Ecuador, Finland,
France, Netherlands, Hungary, India, Israel,
Italy, Japan, Korea, Luxemburg, Mexico, Netherlands,
Norway, Peru, Philippines, Portugal, ,
Slovak Republic, South Africa, Spain, Sweden,
Turkey and Ukraine.

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HOW TO HIRE EMPLOYEES IN BRAZIL
Employment-Related Regulations And Obligations
The popular Brazilian saying that “Brazil
is the country of the future” has been showing
greater signs of veracity these days due
to the country’s long-lasting financial stability,
and also because of its abundance of natural
resources and labor.
These qualities, in addition to several other
assets, have increasingly lured foreign investors.
However, before foreign investors start to operate
and hire personnel in Brazil, they must first:
• register the company with the Ministry of
Labor and Employment;
• register the company with the Mandatory
Fund for Unemployment Benefit (locally known
as FGTS) for the payment of mandatory contributions
that will benefit the employees if they
are dismissed;
• register the company with the National Institute
for Social Security (locally knows as INSS) for
the payment of social security contributions to be
made by the company and by the employees;
Like similar employment-related laws in much
of Europe, these laws governing employment relationships
in Brazil are protective to the employee,
which is why all companies must ensure the following
rights to their employees, regardless of the
company’s business or nationality:
• A 13th annual salary, the payment of which
can be divided into two installments as follows:
half between the beginning of February and the
last day of November, and the other half by December
20th;
• 30 days’ paid vacation, plus an additional 1/3
of the employee’s salary;
• Weekly shift of 44 hours maximum and 8
hours daily, with the possibility of an additional
2 hours overtime daily;
• Overtime to be paid at time and a half
(minimum);
• Reduction in the length of night-shift hours
(one hour is reduced to 52 minutes and 30 seconds);
• The night-shift premium is for work between
8 p.m. and 6 a.m.;
• Payment of danger money for work in unhealthy
or hazardous conditions;
• Paid Weekly Rest (locally known as DSR);
• Limitation as to the type of work that can be
done by underage workers, such as in hazardous
or unhealthy activities, on night shifts and/
or in places or jobs that may be harmful to their
morality;
• Transportation costs between the workers’
home and their place of work;
Besides ensuring these rights, companies
must also comply with regulations concerning
work health and medicine, as well as with
quotas for disabled employees and for young
apprentices, in addition to paying all taxes, contributions
and other levies on payroll.
In addition to these requirements and regulations,
it must be mentioned that other specific
requirements may also apply, depending on the
type of business the company wants to operate
in. There are not, however, specific legal
requirements applicable to employees hired by
foreign companies.
LEGAL GUIDE – BRAZILIAN VISAS
Brazil has seven different types of visas,
which allows the entry and sojourn in National
Territory if the foreign citizen fulfills the requirements
presented in the immigration legislation
(Federal Decree No. 86715 of 1981).
Visa Type
Transit
Tourist
Temporary
Permanent
Courtesy
Official
Diplomatic
The granting of a visa is only an expectation
of a right, not a right itself, since the entry
and sojourn of the foreigner in Brazil can
be controlled by the competent authorities at
any time. The concession of the visa is an
Information
administrative act of the Ministry of Foreign
Relations.
To sum up, Brazil has the following types
of visa:
For foreigners who need to pass through Brazil during a trip before arriving at their final destination. This visa allows the foreigner to walk
outside the transit area of the airport. Maximum stay of ten days, non extendible.
For those visiting the country without any migratory intention. Maximum stay of 90 days, extendable only once if requested before the end of the
validity of a visa granted abroad. The sojourn of a foreigner bearer of the tourism visa cannot exceed 180 days per year.
It’s divided into seven other categories (cultural travel or study mission, business travel, artists and
sportsmen, students, workers, journalists and religious mission); each with specific characteristics.
For foreigners who intend to permanently live in Brazil. Some permanent visas require previous authorization from the Ministry of Labor.
For foreign employees of heads of official missions and consulate and diplomatic employees accredited by the Brazilian Government; for foreign
authorities that have official or diplomatic visas unofficially visiting the country and their respective dependents. Children over 18 years old or up
to 24 years old must prove economical dependence and the condition of student. Valid for 90 months and are extendable.
For employees of international bodies on official missions and the employees of embassies and consulates who do not have diplomatic status
and/or their dependents (children under 18 years old). Valid up to 2 years, or the period of the mission, depending on the diplomatic reciprocity.
For diplomats and employees with diplomatic status, and the heads of offices representing international
bodies and their dependents (children under 18 years old).

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79
BRAZILIAN TEMPORARY VISAS
There are two types of temporary visas that
foreigners can obtain in Brazil to do business:
1) a business visa and 2) a work visa.
The main difference between the two is that
to obtain a business visa, the foreigner cannot
receive any payment (wages or salary) to work
in Brazil. It is possible to receive payments related
to business contracts in Brazil (for example:
import and export payments), but they cannot
be hired to work in Brazil.
The Brazilian business visa can be obtained
for business meetings, fairs, congresses, interviews,
to analyze investment opportunities, to do
market evaluation in Brazil, etc. This Visa is valid
for 90 days, and may be renewed for a further 90
days, with a maximum length of 180 days.
1 - Incorporate a company in Brazil (or
acquire / merge with a local company)
2 - Remit capital, either as money,
machines, know-how, etc.
3 - Register the investment with the
Brazilian Central Bank
The work visa, on the other hand, is obtained
if a Brazilian company hires the foreigner
for a job. This visa allows the holder to receive
a payment or a wage in Brazil, and the foreigner
may live in Brazil for two years. After two years,
they can either extend the work visa or convert
it to a Brazilian permanent visa (in the event
of the labor contract not having a determined
deadline).
Regarding the work visa, a bachelor or
graduate diploma makes the granting of the
visa more probable. Furthermore, the Brazilian
company must have 2 Brazilian employees in
similar functions to every foreigner it hires for
that function.
BRAZILIAN PERMANENT VISA:
THE INVESTOR VISA
The Brazilian investor visa is a type of Brazilian
permanent visa. Only the foreigner bearer
of a permanent visa can reside permanently in
the country, either to assume the function of
manager or administrator, or to become the
director of a local company.
The condition for granting the visa is the
amount invested in Brazil:
1) Direct foreign investment of R$ 600,000
(six hundred thousand Brazilian Reais),
2) Direct foreign investment of R$150,000
(one hundred and fifty thousand Brazilian
Reais), if the company will produce a relevant
social impact in Brazil.
Note that this is the necessary value for
each investor visa. If the Company needs, for
example, two visas for two directors, it will need
to invest at least R$ 1,200,000 (one million two
hundred thousand Brazilian Reais).
Examples of relevant social impact are: creation
of jobs for Brazilians, know-how transfer
to local companies in Brazil, environmental benefits,
empowerment of local communities. The
company will have to prove this impact with a
business plan.
Therefore, the legal path for a foreign investor
to obtain the investor visa in Brazil can be
outlined as follows:
VISA APPLICATION
BRAZILIAN IMPORT REGULATIONS
Brazil has three different types of regulations
over import operations: 1) the administrative
control or administrative stage (by the
Brazilian public administration in general: import
licenses, health surveillance, quality control,
etc.); 2) the customs control or customs
clearance stage (by the Brazilian Federal Internal
Revenue); and 3) the financial control or currency
stage (by the Brazilian Central Bank). All
these types of regulations are controlled under
a unified computerized system, known by its
acronym, SISCOMEX.
Only Brazilian companies can obtain the
import registration through the SISCOMEX –
also known as “RADAR” certification, the tracking
register for stakeholders of international
trade operations. Therefore, if foreigners want
to import to Brazil, they must either incorporate
a Brazilian company or assign a local partner
(or a trading company) to be responsible for the
import process.
To sum up, the steps to
import goods in Brazil are:
1) Incorporation of an Import Company
and the obtaining of the RADAR certification
(or the assigning of a local Brazilian company
that will perform the import operation);
2) Negotiation between exporter and
importer and the drafting of the contract
for the international sale of goods between
both parties. There are some restrictions
for this kind of contract. For example, the
DDP (Delivery Duty Paid) Incoterm is prohibited
in Brazil;
3) Drafting of the Pro Forma Invoice
and other commercial documents by the
exporter. These will have to be sent to the
importer in Brazil;
4) Obtaining the Import License by the
importer in Brazil (this may require special
approval from Brazilian regulatory agencies
such as ANVISA (health related products) or
ANATEL ( telecommunications);
5) Drafting of the Foreign Exchange
Operation Contract (if the payment will be
made in foreign currency);
6) Shipment of the goods in the country
of origin. The exporter will have to send all
necessary documentation to the Brazilian
importer (for example: shipping information,
commercial invoice, certificate of
origin);
7) Customs clearance in Brazil and the
payment of all taxes. The importer will be responsible
to prepare the Import Declaration
(DI). At the end of the operation, the importer
will receive a document from SISCOMEX
called “Proof of import”, that proves that the
goods have been nationalized in Brazil.
4 - Request permanent visa for
foreign directors
To apply for a Brazilian visa, the foreigner
must submit the Visa Application Form duly
completed, a valid travel document, the proof of
payment of consular fees, an International Certificate
of Vaccination, when necessary, and other
documents specific to the type of visa requested.
The visa application for foreigners under
18 years old must be accompanied by a written
travel authorization from both parents, legal
guardians or a competent judicial authority.

80
IMPORT TAXES
At the time of the customs clearance,
the party in the contract responsible for the
customs clearance (usually the purchaser)
will have to pay all the Brazilian taxes:
Import Duty: a Federal Tax which rate varies
according to classification of the goods in
the Mercosul (Southern Common Market)
Common Nomenclature (NCM), similar to
the HS Codes;
IPI: a Federal Tax on industrialized products,
a kind of VAT (value added tax);
ICMS: a State Tax on the circulation of products
and services, which is also a VAT;
PIS and COFINS: social contributions intended
to finance social security;
CIDE: another type of contribution for
certain economic segments (for example:
fuels);
AFRMM: a tax on goods imported to Brazil
by sea, intended for the renewal of the
Brazilian Merchant Fleet.
These taxes will not be due on all import
operations in Brazil. Many products, for
example, are exempt from the IPI Tax. It
is necessary to analyze each product’s
NCM codes to define more precisely all
the taxes that will be due. Another example
are products originated from the
Mercosul (Southern Common Market)
Customs Union and Free Trade Zone in
South America, which will be exempt
from the AFRMM tax.more precisely all
the taxes that will be due.
IMPORT LICENSES
The import license is a type of administrative
control in Brazil. There are
two types of import licenses in Brazil:
the Automatic license: (granted to most
products imported to Brazil) and the
non-automatic license. In the second
case, authorization from a Brazilian
Agency will be necessary, depending on
the product, for example:
•The Brazilian Health Surveillance
Agency (ANVISA);
• The Brazilian Telecommunications
Agency (ANATEL);
• The Brazilian Institute of Environ
ment (IBAMA);
• The National Petroleum Agency
(ANP).
Importing to Brazil without an import
license when it is necessary can result
in several penalties for the importer,
including the confiscation of the goods
and governmental fines.
TYPES OF PAYMENTS
Besides the three import modalities in Brazil,
there are many ways to perform the
payment of the operation.
• Payment in advance;
• Remittance without draft;
• Payment in full upon delivery;
• Deferred payment;
• Letter of credit;
• Financial transfer.
The modality of payment will have to be
specified on the contract for the sale of goods
between the exporter and the importer:
Minas Gerais Business Guide - 2015 | ACMinas
IMPORT MODALITIES
There are three import categories or
procedures in Brazil:
On the “Direct Import”, the importer
will purchase the goods with its own resources
and will be responsible for the
customs clearance of the goods.
The “Import on Behalf of Others” is
regulated by the Normative Instructions
of the Brazilian Federal Internal Revenue
Nº. 225 and 247, both from 2002. In this
case, the import service will be provided
by a Company (the importer) that will
be responsible for the customs clearance
of the goods, but the purchaser
will have ownership of the goods. One
should notice that this operation will only
be considered legal if there is a contract
between the importer and the final purchaser.
Both importer and purchaser
must be registered on SISCOMEX.
The “Import under Order” is regulated
by the National Act of the Brazilian Federal
Internal Revenue Nº. 11281 of 2006
and the Normative Instruction No. 634 of
2006. In this case, the importer will purchase
the goods under its own name and
resell them to the final purchaser. There
will be an ownership transfer operation.
While “Import on Behalf” is considered a
service operation, the “Import under Order”
is considered a purchase operation.
In this case, a contract is also necessary
between the parties and both must be
registered on SISCOMEX, but the final
purchaser can be registered under the
simplified registry.
WE
KNOW
MINAS
Find us at fazcom.com.br

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Copyright: Marcelo Rosa
Inhotim
Institute:
Unique
Because It
Transforms
BURLE MARX education center
brumadinho/MG

Copyright: Marcelo Rosa
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Minas Gerais Business Guide - 2015 | ACMinas 85
Inhotim gardem
inhotim institute
Copyright: Ricardo Malaco
Open to the public on 2006, the Inhotim Institute
is a space that puts together, in a unique
way, contemporary art, a botanic garden and
human development. Located in Brumadinho,
Minas Gerais, 60 kilometers from the capital
Belo Horizonte, it is an innovative and creative
environment that invites the visitors to relate with
the world with an approach more sustainable,
conscious and transformative.
The structure and the organization of the
space ensure a place to be revisited constantly.
Other than break with the architecture and the exposition
mode associated with the conventional
museums, the contact with the culture and the
beauty of the landscapes propose a distinctive
experience for the public. It is this singularity that
has already taken more than 2 million people to
know Inhotim since its opening.
In a fast expansion, the Institute has currently
140 hectares for visitation, where there are 23
art galleries, 22 external art pieces, more than
5 thousand botanical species, 10 food spots, 2
stores, a theatre, a library and a research center.
One of the most popular destinations of the state,
Inhotim is also concerned with the community
in which it is place in. In Brumadinho and in the
region around, the Institute carries out social-educative
projects, that value the local culture, the
economic development, and also it rescues the
memory of the county.
Copyright: Daniela Poliello
Copyright: Rossana Magri
cosmococas
sonic pavilion
Helio Oiticica – Magic Square
From the total area of visitation, 42 hectares
are gardens, which started to be created
around the 80´s. Over time it has been acquired
innumerous palm tree species, Brazilian
native trees and exotic ones, from around the
world that adapted very well to the local. The
gardens value the exuberance of the flora, getting
integrated in a spontaneous and harmonically
manner with the sceneries and lakes that
compose the paths.
In 2010, the expressive botanic collection
of the Institute was recognized as Botanic Garden.
Composed by approximately 5 thousand
species, 2 families stand out: the palms (Arecaceae),
with around a thousand species and
varieties, and the imbés, anthuriums and glassof-milk
(Araceae), with more the 400 species
and shapes – considered one of the biggest in
the world. The extensive botanical collection,
combined with the extensive structure of the
Vivarium Inhotim, makes it possible to conduct
researches and educational activities.
The Institute also plays an important part
in the recent development of the region of
Brumadinho. Nowadays, the Institution is the
second largest employer in the city, causing the
local population to have new job opportunities
that go beyond the mining vocation of the city.
The rising of the quantity of beds in the region
is one of the reflexes of this impact. From
2007 to 2015, this numbers passed from 300
to 1.300, with an average occupation of 90%.
The Inhotim Institute is a private and nonprofit
entity, recognized by the Federal Government
and by the Government of the State of
Minas Gerais as a Public Interest Civil Society
Organization (Oscip). The actions of Inhotim
are supported by the Federal Law for the Encouragement
of Culture through the Ministry
of Culture.
Address:
Street B • 20 • Brumadinho/MG
Tel.: + 55 31 3194-7300
+ 55 31 3571-9700
www.inhotim.org.br
Opening hours: Tuesday to Friday,
from 9:30 a.m. to 4:30 p.m.; Saturdays,
Sundays and holidays,
from 9:30 a.m. to 5:30 p.m.
Entrance: free on Wednesdays;
Tuesdays to Thursdays, R$25;
Fridays, Saturdays, Sundays and
holidays, R$40. It has the right to
half-price on the tickets children
from 6 to 12 years old, elderly over
60 years old, identified students,
public and private school teachers
bearing proof of employment, and
employees of partner companies.

SOCCER:
INTERNATIONAL
AND NATIONAL
PROJECTION
OF MINAS
GERAIS

Copyright: Adão de Souza
AMÉRICA
FUTEBOL
CLUBE
10 times Champion
Mineiro (Decacampeão)
www.americamineiro.com.br

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93
Structure and Heritage
Copyright: Adão de Souza
• EstáDio independência (Independence Stadium)
It is a modern arena multiuse, with capacity for 25
thousand fans and 860 parking spots. It has comfort
and universal accessibility.
• CT Santa luzia (Training Center)
It has infrastructure for training of the base categories,
with an area of 230 thousand square meters.
• Terreno Três Barras
Located in the metropolitan region of Belo Horizonte,
in the municipality of Contagem. It has 73 thousand
square meters.
Founded in April 30th, 1912, by 13 and
14 years-old boys, mostly students of the
“Gymnásio Anglo-Mineiro”, it became the first
club of Minas Gerais to have its own stadium,
built at Avenida Augusto de Lime where
today is the Central Market of Belo Horizonte.
Afterwards, its professional activities were at
the Alameda Stadium and at Vale Verde, until
it was concentrated at Estádio Independência
(Independence Stadium).
Main championship titles
2014 – Champion Mineiro Juvenil (Sub-17)
2014 – Champion of the Taça BH of junior
soccer, champion mineiro juvenile
2014 – Vice-champion of Mineiro Feminine
2011 – Brazilian Champion Sub-20
2009 – Brazilian Champion of the C League
2001 – Champion Mineiro professional
2000 – Champion of the South Minas Cup
2000 – Champion of the Taça BH of junior soccer
1997 – Brazilian Champion of the B league
1993 – Champion Mineiro professional
1971 – Champion Mineiro professional
(unbeaten)
1916 to 1925 – 10 times Champion Mineiro
Champion of prestigious international tournaments
(Netherlands, Suisse, Germany, and etc.)
Independência stadium
Copyright: Adão de Souza
• Sede Administrativa `Afonso Celso Raso`
(Headquarter)
It is a modern area of a thousand square meters
at the Boulevard Shopping, in the neighborhood of
Santa Efigênia, noble region of the state’s capital,
where it works all the club’s administration.
• Parceiro (partners)
Boulevard Shopping, located at Avenida dos Andrades
3000, in the neighborhood of Santa Efigênia
in Belo Horizonte. It has 225 stores (Carrefour,
Renner, C&A, Centauro, Cinema Multiplex, etc),
besides a Commercial Tower, where it works the
Headquarter of América Soccer Club. There are
2,400 parking spots (15 million people/year).
• Trained Players of América Soccer Club
Tostão, Amauri Horta, Zuca, Dirceu Alves, Wilson
Santos, Eder Aleixo, Ronaldo Luiz, Euler, Palhinha,
Gilberto Silva, Evanilson, Álvaro, Fred, Denis, Nakasawa,
Wagner, Alex Mineiro, Danilo, Richarlison and
many others.
• Categories
The America Soccer Club has the following categories
and sports:
• Professional (masculine and feminine)
• Sub-20
• Sub-17
• Sub-15
• Sub-13
• Sub- 12
• Sub-11
• Sub-10
The Club also counts with feminine soccer teams, a
hockey team and a fut-7 team.
Copyright: América File
• Terreno no Ouro Preto
It is an area of around 27 thousand square meters, located
in the neighborhood of Ouro Preto, on Belo Horizonte.
• CT Lanna Drummond (Training Center)
It is a modern infrastructure for the training of professional
and junior teams. It has an area of 154
thousand square meters, with a complete weight
room, with high technological equipment; four official
fields, being one specific for the training of goalkeepers;
complete rehabilitation center and physiotherapy;
auditorium for 80 people.
CT Lanna Drummond
Belo Horizonte/MG

Copyright: Bruno Cantini
Belo
Horizonte:
The City
of Galo
www.atletico.com.br
Brazil’S cup 2014

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97
cidade do galo
vespasiano/MG
Copyright: Bruno Cantini
Copyright: Bruno Cantini
The history of Atlético is mixed with Belo
Horizonte’s own history, the city had been
founded little over 10 years before the club’s
foundation, in 03/25/1908. At the time, a
group of students gathered at the City’s Municipal
Park gazebo and created of the world’s
biggest football clubs. Atlético and Belo Horizonte
grew large, expanded and started to
have a remarkable presence in the international
scene.
Strengthened by the recent titles of the
Libertadores Cup in 2013, South-American
Recopa in 2014 and the Cup of Brazil algo
in 2014, Atlético is the biggest champion of
Minas Gerais and has been playing Libertadores
Cup, the major South American competition,
for the fourth straight season. Throughout
its existence, Galo has been known as a team
of the people, which boosted its growth and
made the Club the most traditional in the State.
Among the best in the world - In the World
Ranking of Clubs published on March 2014,
by the International Federation of Football
History and Statistics (IFFHS), Galo was the
best South-American club and the sixth in
the world. With 238 points, Atlético was only
behind, Bayern-Germany (370 points), Real
Madrid-Spain (301), Barcelona-Spain (267),
Chelsea-England (262) and Atletico Madrid-
Spain (239).
The Best Training Center in Brazil - Renowned
as being one of the most complete
training facilities in the world, the City of Galo
was the headquarters for the Argentinian National
Team during the FIFA 2014 World Cup.
In 2010, after a detailed study, the sportschannel
Sportv, in a partnership with the University
of Viçosa (UFV), named the City of Galo the
best training center in Brazil.
In 2014, the City of Galo was elected by the
European broadcaster Eurosport as one of the five
best training facilities in the world, alongside Cobham
Training Centre, from Chelsea; Ciudad Real Madrid;
St. George’s Park, from the English National Team;
and Kirsch Training Center, from Shaktar Donetsk.
cidade do galo
vespasiano/MG
Copyright: Bruno Cantini
Copyright: Bruno Cantini
Libertadores cup 2013
Enviroment
Galo was the first club in Brazil to adopt clean energy
resources with Solar Panels and Natural Gas.
The system covers all of the showers and swimming
pools of the professional football department
and Young squads. Another interesting enviromental
asset is the automated irrigation system.
Club’s property
Atlético also owns two large country clubs, Labareda
and Vila Olímpica, the club’s headquarters,
Galo Store and the Diamond Mall, all located in
very noble and upscale areas in Belo Horizonte.
Youth Squad
With a complete structure for athlete development
and the club’s philosophy of forming not
only players, but citizens, the project for the
Youth Teams in Atlético is a role model and an
international benchmark.
Fans
Our greatest asset. The relationship between Galo
and its fans go way beyond entertainment. Atlético
is a cultural trace, a symbol of identification and unity.
Being a Galo fan is a family tradition, it’s something
that is passed from generation to generation.
Galo holds the highest average attendance in
ten editions of the Brazilian National Championship
and has many attendance records.
We are the largest club in Minas Gerais!
We’re 10 million Atleticanos, a nation where
everyone is welcome, with no race, social
class ou religious distinctions.
The club has, as today, around fifty thousand
associates, divided in three categories in its
fan’s membership program, witch called Galo
na Veia.
recopa cup 2014

CRUZEIRO
ESPORTE
CLUBE
Copyright: Cruzeiro File
The Best Brazilian
Soccer Club of the
20th Century (IFFHS))
www.cruzeiro.com.br
Brazilian Champonship 2014

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101
Established in 1921 under the name of
Societá Sportiva Palestra Itália, in the city of
Belo Horizonte MG. Cruzeiro Esporte Clube
became known like this in the year of 1942
when a decree from the Brazilian Government
prevented all entities and institutions from using
terms of nations that were enemies during
world war 2. So Palestra Itália changed into
Cruzeiro Esporte Clube. The green and red gave
away to the white and blue, along with the five
stars standing for the Southern Cross.
MAIN INTERNATIONAL ACHIEVEMENTS
- South America Cup (Libertadores): 1976 & 1997
- SuperCup: 1991 and 1992
- Recopa of South America: 1998
- Gold Cup: 1995
- Master SuperCup: 1995
MAIN NATIONAL ACHIEVEMENTS
- National Champion (1966; 2003; 2013 and
2014) – being the current National Champion
the last two years.
- Brazilian Cup: 1993; 1996; 2000 and 2003
- State Champion: 37 times
- South-Minas Cup: 2001 and 2002
Copyright: Cruzeiro File
Brazilian Champonship 2013
CLUB’S STRUCTURE
Cruzeiro has one of the most modern football
structures of Latin America. It has 2 training
centers, 2 leisure clubs for the associates and
one modern administrative headquarters.
TOCA DA RAPOSA I - YOUTH TRAINING CENTER
Inaugurated in 1973, it was the first moderm
training center in Brazil and Tele Santana’s
Brazil National Football Team chose it during
preparations for the 1982 and 1986 World
Cups. Today, it is exclusively used for the
development of athletes between the ages of
14 and 20. It currently has approximately 120
players in its facilities. It has an exclusive hotel
for international players, with capacity for 60
people, four pitches, among them a synthetic
pitch, gym, medical, dentistry and nutritional
departments, physiotherapy room, auditorium,
restaurant and swimming pool.
A world example in the development of Top
Footballers, Toca da Raposa I boasts the best
in relation of facilities, staff and work structure
for young athletes. Cruzeiro has one of the
best football Academies in Brazil, being the
only brazilian club to win three times the U20
National League. Another accomplishment of
the club, which was the pioneer in Brazil, was to
make available a school and library for athletes
to study inside its Academy, demonstrating
the club’s concern with not simply creating
successful footballers, but also true citizens.
TOCA DA RAPOSA II – TEAM TRAINING CENTER
Toca da Raposa II was built to be Cruzeiro Esporte
Clube first Team training center and it was
Inaugurated in 2002. In 2014, during the Brazil
World Cup, Toca da Raposa was choosen to
be the House of the National Team of Chile.
The complex has an area of 86 thousand feet
squared, there are four official training fields,
three locker rooms, hotel, restaurant, movie
theater, game room, and an advanced center of
Rehabilitation C. A. R. E..
CRUZEIRO’S TOP PLAYERS
Several soccer players, now renowned, all
over the world began their careers at Toca da
Raposa I, among them there were: Ronaldo,
Maicon, Luisão, Maxwell, Gomes, Wendell,
Jussiê and Belleti.
Copyright: Cruzeiro File
INTERNATIONAL BUSINESS DEPARTMENT
Created four years ago in another pioneering
initiative of Cruzeiro Esporte Clube, the Department
of International Business aims to develop
the Cruzeiro brand abroad and dis- seminate the
Club’s methodology around the world, as well as
adding to the knowledge of our players and professionals,
through the exchange of knowhow
between International staff and athletes.
SUPPORTERS
With more than eight million fans, Cruzeiro’s supporters
is one of the big- gest in Brazil. This supporters
are responsible for outstanding facts like the
biggest audience in Mineirão Stadium in 1997 with
132.834 people who watched the final game of Mineiro’s
Championship. In 1992 for the Super Cup
of Libertadores Champions, Cruzeiro achieved an
average of 73 thousand people per game.
toca da raposa I
Belo Horizonte/MG
Copyright: Cruzeiro File
toca da raposa II
Belo Horizonte/MG

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Get to Know
Minas Gerais
Ouro preto/MG
Copyright: T photography / Shutterstock.com
Copyright: Jose Gustavo Abreu Murta
Copyright: Vitoriano Junior
Copyright: Luciano Queiroz
santuário do bom jesus
Congonhas/MG
gruta rei do mato
sete lagoas/MG
parque nacional da Serra da Canastra
São Roque de Minas/MG
Igreja de São Francisco de Assis e Igreja do Carmo
Mariana/MG

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HELPFUL FACILITIES FOR FOREIGN INVESTORS IN
BELO HORIZONTE AND MINAS GERAIS
Tel.: +55 (31) 3078-7000
Website: www.federaminas.org.br
FIEMG: Federation of Industries of
the State of Minas Gerais
Website: www.minascentro.com.br
e-mail: comercial@minascentro.com.br
SERRARIA SOUZA PINTO
Avenida Assis Chateaubriand, 809, Centro -
AIRPORTS
Tancredo Neves Internacional
Airport - Confins, MG - BRAZIL
Executive Branches
Administrative City President
Tancredo Neves
Rodovia Prefeito Américo Gianetti, s/n
Serra Verde - Belo Horizonte – MG - BRAZIL
Zip-code: 31.630-900
Tel.: +55 (31) 3915-0635
www.cidadeadministrativa.mg.gov.br
Federal Police
Rua Nascimento Gurgel, 30, Gutierrez
Belo Horizonte – MG - BRAZIL
Zip-code: 30.430-340
Tel.: +55 (31) 3330-5200
Website: www.dpf.gov.br
Federal Revenue - IRS
Rua Levindo Lopes, 357, Funcionários
Belo Horizonte – MG - BRAZIL
Zip-code: 30.140-170
Tel.: +55 (31) 3546-9000
Website: www.receita.fazenda.gov.br
Research and Education
Dom Cabral Foundation
Avenida Princesa Diana, 760, Alphaville,
Lagoa dos Ingleses - Nova Lima – MG
Zip-code: 34.000-000
Tel.: +55 (31) 3589-7300
Website: www.fdc.org.br
Fapemig: Foundation for Research
of the State of Minas Gerais
Rua Raul Pompéia, nº 101, São Pedro -
Belo Horizonte – MG - BRAZIL
Zip-code: 30.330-080
Website: www.fapemig.br
PUC Minas: Pontifical Catholic
University of Minas Gerais
Avenida Dom José Gaspar, 500, Coração
Eucarístico - Belo Horizonte – MG – BRAZIL
Zip-code: 30.535-901
Tel.: +55 (31) 3319-4444
Website: www.pucminas.br
UFMG: Federal University of
Minas Gerais State
Avenida Antônio Carlos, 6627, Pampulha -
Belo Horizonte – MG - BRAZIL
Zip-code: 31.270-901
Tel.: +55 (31) 3409-5000
Website: www.ufmg.br
Trade, Industry & Investment
ACMinas: Commercial and
Entrepreneur Association of
Minas Gerais
Avenida Afonso Pena, 372, Centro - Belo
Horizonte – MG - BRAZIL
Zip-code: 30.130-001
Tel.: +55 (31) 3048-9566
Board of Trade of the State of
Minas Gerais
Rua Sergipe, 64 - Centro, Belo Horizonte –
MG - BRAZIL
Zip-code: 30.130-170
Tel.: +55 (31) 3219-7900
Website: www.jucemg.mg.gov.br
CODEMIG: Economic Development
Company of Minas Gerais
Rua Manaus, 467, Santa Efigênia - Belo
Horizonte – MG - BRAZIL
Zip-code: 30.150-350
Tel.: +55 (31) 3207-8800
Website: www.codemig.com.br
FAEMG: Federation of Agriculture
and Livestock of the State of
Minas Gerais
Av. Contorno, 1771, Floresta
Belo Horizonte – MG – Brazil
Zip-Code: 30.110-005
Tel.: +55 31 3074-3000
Website: www.sistemafaemg.org.br/
FEDERAMINAS: Federation of
Commercial and Business Associations
of the State of Minas Gerais
Avenida Afonso Pena, 726, 15º floor,
Centro - Belo Horizonte – MG - BRAZIL
Zip-code: 30.130-003
Avenida Contorno, 4520, Funcionários -
Belo Horizonte – MG - BRAZIL
Zip-code: 30.110-090
Tel.: +55 (31) 3263-4200
Website: www7.fiemg.com.br
INDI: Minas Gerais State
Investment Promotion Agency
Rodovia Prefeito Américo Gianetti, s/n 2º
floor, Serra Verde - Cidade Administrativa -
Edif. Minas - Belo Horizonte – MG - BRAZIL
Zip-code: 31.630-900
Tel.: +55 (31) 3915-2866
Website: www.indi.mg.gov.br
Convention Centers
AUDITÓRIO JK: Administrative City
President Tancredo Neves
Rodovia Prefeito Américo Gianetti, s/n
Serra Verde - Belo Horizonte – MG -
BRAZIL
Tel.: +55 (31) 3915-0635
EXPOMINAS
Avenida Amazonas, 6.030, Gameleira -
Belo Horizonte – MG - BRAZIL
Tel.: +55 (31) 3334-5145
Website: www.expominas.com.br
MINASCENTRO
Rua Curitiba, 1.264, Centro - Belo
Horizonte – MG - BRAZIL
Tel.: +55 (31) 3217-7900
Belo Horizonte – MG - BRAZIL
Tel.: +55 (31) 3213-3434
Website: www.fcs.mg.gov.br
e-mail: serraria@palaciodasartes.com.br
Hotels
Belo Horizonte Othon Palace
Av. Afonso Pena, 1050, Centro - Belo
Horizonte – MG - BRAZIL
Zip-code: 30.130-000
Tel.: +55 (31) 2126-0000
Website: www.othon.com.br
belohorizonte@othon.com.br
Bristol Metropolitan Apart Hotel
Avenida Getúlio Vargas, 286, Funcionários
Belo Horizonte – MG - BRAZIL
Zip-code: 30.112-020
Tel.: +55 (31) 2057-1200
Website: www.redebristol.com.br
metropolitan@redebristol.com.br
Caesar Business Belo Horizonte
Avenida Luis Paulo Franco, 421, Belvedere
Belo Horizonte – MG - BRAZIL
Zip-code: 30.320-570
Tel.: +55 (31) 2123-9898
Website: www.caesarbusiness.com
vendas.cbh@caesarpark.com.br
Financial
Avenida Afonso Pena, 571, Centro - Belo
Horizonte – MG - BRAZIL
Distance from the airport to
downtown:40km
Track Length: 3.000m
Track Width: 45m
Address:
Rodovia MG-10 Km 39, Confins –
MG – BRAZIL
Zip-code: 33.500-900
Tel.: +55 (31) 3689-2240
Fax: +55 (31) 3689-2245
Area: m² 15,010,000,00
Passenger Terminal
Pax / year: 5,000,000
Area (m²): 53.950
Parking Capacity: 2.560 vacancies
Pampulha Airport - Belo
Horizonte, MG - BRAZIL
Distance from the airport to downtown:
9km
Track Length: 2.540m
Track Width: 45m
Address:
Praça Bagatelle, s/n°, Bairro
Aeroporto Belo Horizonte - MG -
BRAZIL
Zip-code: 31.270-705
Tel.: +55 (31) 3490-2296
Area: 1,827,584.00 m²
Parking Capacity: 226 vacancies

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Zip-code: 30130-000
Tel.: +55 (31) 3270-4000
Website: www.hotelfinancial.com.br
Mercure
Avenida do Contorno, 7315, Lourdes -
Belo Horizonte – MG - BRAZIL
Zip-code: 30.110-017
Tel.: +55 (31) 3298-4100
Website: www.mercure.com.br
reservas.mercurebh@accor.com.br
Ouro Minas Palace Hotel
Avenida Cristiano Machado, 4001, Ipiranga
Belo Horizonte – MG - BRAZIL
Zip-code: 31.910-810
Tel.: +55 (31) 3429-4001
Website: www.ourominas.com.br
eventos@ourominas.com.br
Royal Golden Hotel
Rua Rio Grande do Norte, 1015, Savassi -
Belo Horizonte – MG - BRAZIL
Zip-code: 30.130-131
Tel.: +55 (31) 2101-0000
Website: www.royaltowers.com.br
gerencia@royalgonden.com.br
Foreign Exchange Agencies
Banco do Brasil 1
Rua Rio de Janeiro, 750, Centro - Belo
Horizonte – MG - BRAZIL
Zip-code: 30.160-041
Belo Horizonte – MG – BRAZIL
Tel.: +55 (31) 3284-1400
Banco do Brasil 2
Agência Praça da Liberdade Rua Sergipe,
1062, Funcionários - Belo Horizonte – MG
Zip-code: 30.130-171
Tel.: +55 (31) 3271-3000
Confidence Câmbio
BR-356, 3049, Belvedere - BH Shopping
- Piso OP – Store 083 - Belo Horizonte –
MG - BRAZIL
Zip-code: 30.320-900
Tel.: +55 (31) 3264-0079
Minas Câmbio
Avenida Amazonas, 507, Store 08 - Belo
Horizonte – MG - BRAZIL
Zip-code: 30.180-001
Tel.: +55 (31) 3272-0545
Consulates in Belo Horizonte
Austria Republic
Rua José Américo Cançado Bahia, 199,
Cidade Industrial - Contagem – MG - BRAZIL
Zip-code: 32.210-130
Tel. / fax: +55 (31) 3333-5363
Federal Republic of Germany
Avenida Protásio de Oliveira Penna, 366,
floor 101, Bairro Buritis - Belo Horizonte –
MG - BRAZI L
Zip-code: 30.575-360
Tel. / fax: +55 (31) 3213-1568
Federation of Malaysia
Avenida Prudente de Morais, 621, conj.
701, Cidade Jardim - Belo Horizonte – MG
Zip-code: 30.350-143
Tel.: +55 (31) 3284-7627
fax: +55 (31) 2512-1607
French Republic
Avenida do Contorno, 5417, floor 2,
Cruzeiro - Belo Horizonte – MG - BRAZIL
Zip-code: 30.110-100Tel.: +55 (31)
4501-3649
Grand Duchy of Luxembourg
Rua dos Guajajaras, 40, floor 10, room 03,
Centro - Belo Horizonte – MG – BRAZIL
Zip-code: 30.180-100
Tel.: +55 (31) 3226-5374
Honorary Consulate of Canada
Rua da Paisagem, 220, floor 03, Vila da
Serra – Nova Lima – MG - BRAZIL
Zip-code: 30.161-970
Tel.: +55 (31) 3047-1225
fax: +55 (31) 3289-2150
Honorary Consulate of Japan
Rua Paraíba, 1352, room 1401,
Funcionários - Belo Horizonte – MG
Zip-code: 31.130-141
Tel.: +55 (31) 3657 4811 /+55 (31) 3657 4813
Italian Republic
Rua dos Inconfidentes, 600, Funcionários
Belo Horizonte – MG - BRAZIL
Zip-code: 30.140-120
Tel.: +55 (31) 3524-1000 – Fax: +55
(31) 3524-1010
Kingdom of Belgium
Rua dos Guajajaras, 40, floor 10, room 03,
Centro - Belo Horizonte – MG - BRAZIL
Zip-code: 30.180-100
Tel.: +55 (31) 3226-5374
Kingdom of Denmark
Rua Paraíba, 1122, floor 10, Savassi - Belo
Horizonte – MG - BRAZIL
Zip-code: 30.130-918
Tel.: +55 (31) 3269-8626
fax: +55 (31) 3269-8785
Kingdom of Marrocos
Rua Marquês de Maricá, 377, Santo
Antônio - Belo Horizonte – MG - BRAZIL
Zip-code: 30.350-070
Tel.: +55 (31) 3342-1510
Kingdom of Spain
Av. Olegário Maciel , 454, room 01 - Belo
Horizonte – MG - BRAZIL
Zip-code/C.P.: 30.180.110
Tel.: +55 (31) 3213-0763
Kingdom of Sweden
Rua Timbiras, 2670, Santo Agostinho -
Belo Horizonte – MG – BRAZIL
Zip-code/C.P.: 30.140-061
Tel.: +55 (31) 3245-5747
Kingdom of the Netherlands
Rua Sergipe, 1167, room 1102,
Funcionários - Belo Horizonte – MG
Zip-code/C.P.: 30.130-171
Tel.: +55 (31) 3221-7377
Fax: +55 (31) 3227-5275
Mexican United States
Rua Marquês de Maricá, 377, Santo
Antônio - Belo Horizonte – MG – BRAZIL
Zip-code/C.P.: 30.350-070
Tel.: +55 (31) 3342-1510
Fax : +55 (31) 3297-3066
Oriental Republic of Uruguay
Avenida do Contorno, 6777, conj. 1301,
Santo Antônio - Belo Horizonte – MG
Zip-code: 30.110-110
Tel.: +55 (31) 3296-7527
Republic of Argentina
Rua Ceará, 1566, floor 06, Funcionários -
Belo Horizonte – MG – BRAZIL
Zip-code: 30.150-311
Tel. / fax: +55 (31) 3047-5490
Republic of Chile
Avenida Raja Gabaglia, 1578, room 01,
Luxemburgo - Belo Horizonte – MG – BRAZIL
Zip-code: 30.350-540
Tel. / fax: +55 (31) 3286-7249
Republic of Equator
Avenida Barbacena, 836, Santo Agostinho
Belo Horizonte – MG - BRAZIL
Tel. / fax: +55 (31) 3337-1455
Republic of Finland
Rua Timbiras, 2670, Santo Agostinho - Belo
Horizonte – MG - BRAZIL
Zip-code: 30.140-061 Tel.: +55 (31) 3245-5747
Republic of Guatemala
Alameda dos Jacarandás, 1145, São Luiz
Belo Horizonte – MG - BRAZIL
Zip-code: 31.275-060
Tel.: +55 (31) 3311-4997
Fax: +55 (31) 3491-4961
Republic of Honduras
Avenida do Contorno, 4747, floor 12,
Serra - Belo Horizonte – MG - BRAZIL
Zip-code: 30.110-090
Tel.: +55 (31) 3280-1800
Fax: +55 (31) 3280-1802
Republic of Hungary
Rua Tenente Anastácio de Moura, 676,
Santa Efigênia - Belo Horizonte – MG
Zip-code: 30.240-390
Tel.: +55 (31) 3465-0101
Republic of India
Rua Paraíba, 523, Funcionários - Belo
Horizonte – MG - BRAZIL
Zip-code/C.P: 30.130-140
Tel.: +55 (31) 3264-5444
Fax: +55 (31) 3055-3836
Republic of Indonesia
Rua Sapucaí, 383, floor 04, Floresta – Belo
Horizonte – MG – BRAZIL
Zip-code: 30150-904
Tel.: +55 (31) 3279-4473
Republic of Poland
Avenida do Contorno, 6594, floor 07,
Edifício Amadeus - Belo Horizonte – MG
Zip-code: 30.110-044
Tel.: +55 (31) 3555-3329
Republic of Portugal
Avenida Alvares Cabral, 1366, floor 09,
Centro - Belo Horizonte – MG - BRAZIL
Zip-code: 30.170-001
Tel.: +55 (31) 3348-5750
Republic of Trinidad & Tobago
Rua Curral Del Rey, 581, Padre Eustáquio
Belo Horizonte – MG - BRAZIL
Zip-code: 30.720-220
Tel.: (31) 3411-4970
Fax: +55 (31) 3413-5350
Republic of Turkey
Rua Alvarenga Peixoto, 295, floor 03,
Lourdes - Belo Horizonte – MG - BRAZIL
Zip-code: 30.180-120
Tel.: (31) 2122-6700
Fax: +55 (31) 2122-6701
Romania
Avenida Barão Homem de Melo, 4350,
Estoril - Belo Horizonte – MG – BRAZIL
Zip-code: 30.450-250
Tel.: +55 (31) 3298-2200
State of Israel
Rua Padre Rolim, 375, Santa Efigênia -
Belo Horizonte – MG – BRAZIL
Zip-code: 30.130-090
Tel.: +55 (31) 9970-6691
Swiss Confederation
Rua Tomé de Souza, 350, apto. 901,
Funcionários - Belo Horizonte – MG –
BRAZIL • Zip-code/C.P.: 30.140-130
Tel.: +55 (31) 3225-1461
Syrian Arab Republic
Rua Santa Rita Durão, 1030, Savassi -
Belo Horizonte – MG - BRAZIL
Zip-code/C.P.: 30.140-111
Tel.: +55 (31) 3261-1015
Fax: +55 (31) 3261-6934
United Kingdom of Great Britain
and North Ireland
Rua Rio Grande do Sul, 1332, room 1101,
Santo Agostinho - Belo Horizonte – MG
Zip-code: 30.170-111
Tel.: +55 (31) 3504-6603
Tel.: +55 (11) 3094-2700 (Consular)
United States of America
Rua Maranhão, 310, store 01, Sta. Efigênia
Belo Horizonte – MG - BRAZIL
Zip-code: 30.150-330 Tel.: +55 (31) 3958-0556

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